Ontario’s financial services regulator, the Financial Services Regulatory Authority (FSRA), has introduced a significant second amendment to the Unfair or Deceptive Acts or Practices (UDAP) Rule. The amendment’s objective is to offer stronger protection...
The Financial Services Regulatory Authority of Ontario (FSRA) is tightening test-taking procedures, in the wake of reports of exam cheating. The new test procedures will align with national best practices. FSRA will also introduce tougher consequences for individuals...
CIRO issued a Position Paper which analyses policy options for leveling the compensation playing field between Approved Persons. The current CIRO rules applicable to mutual fund dealers and investment dealers currently take different approaches to directed commission...
The Financial Services Regulatory Authority of Ontario, (FSRA) has approved the Canadian Investment Regulatory Organization, (CIRO) as a credentialing body under Ontario’s Financial Professionals Title Protection Act, 2019, (FPTPA). CIRO now has the authority to...
The Office of the Superintendent of Financial Institutions, (OSFI) will be working more closely with The Financial Transactions and Reports Analysis Centre of Canada, (FINTRAC) as digitization and the more integrated global economy lead to higher risks of money...
The Canadian Investment Regulatory Organization (CIRO) is publishing Phase 2 of its Rule Consolidation Project rule proposals, for comment. The Phase 2 Proposed DC Rules involve the adoption of rules relating to: margin, debt markets and Inter-Dealer Bond Brokers...
