Regulation

Tighter regulation for insurance?

Canada’s insurance regulators are considering closer oversight of the relationship between carriers and managing general agencies (MGA). While the industry has taken steps to govern itself, it may not be enough to stave off closer regulatory supervision.

By Vikram Barhat |May 8, 2012

3 min read

Family duo charged for insider trading

The U.S. Securities and Exchange Commission (SEC) charged a former paralegal and her father for insider trading in securities of a Montreal-based semiconductor company.

May 7, 2012

2 min read

Rep fined $10,000 for off-book sales

A settlement hearing in the matter of Stanley Wayne Parke was held in Calgary, Alberta before a hearing panel of the MFDA's Prairie Regional Council.

By Staff |May 4, 2012

1 min read

Rep fined $100,000 for client neglect

On November 7, 2011, a hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) found Stéphane Rail guilty of failing to act in his client’s best interests and for attempting to impede the investigation by the IDA.

By Staff |May 4, 2012

1 min read