Industry

Firms not meeting KYC requirements: OSC

The OSC has released its 2012 annual summary report for dealers, advisors and fund managers.

By Staff |November 23, 2012

1 min read

The next leader of SEC will be…

Mary J. Miller, the under secretary for domestic finance at the U.S. Treasury Department, could become the next leader of the SEC.

By Staff |November 23, 2012

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Rep fined for borrowing $10,000 from clients

On November 9, 2012, a hearing panel of IIROC accepted a settlement agreement between IIROC staff and Stephen Moran.

By Staff |November 23, 2012

1 min read

UBS faces £50M fine for rogue trader

UBS could face up to a £50M ($80 million) fine for management failures that led to a $2.2 billion rogue trading loss. UBS trader Kweku Adoboli was convicted of fraud on Tuesday, and jailed for seven years. Read: UBS trader found guilty of fraud The FSA and UBS are finalising the details of a settlement, […]

By Wire services |November 23, 2012

1 min read