Regulatory

SEC charges brokerage firm with defrauding investors

The Securities and Exchange Commission today announced fraud charges against a New York-based brokerage firm and two brokers who allegedly used misleading sales tactics to steer investors toward risky investments in a purported clean energy company so the firm could earn lucrative commissions.

By Staff |February 21, 2013

3 min read

IIROC to expand oversight of debt-securities trading

IIROC has issued for comment a proposed rule, as well as a plan to create a system for enhanced oversight of Canadian debt market activity.

By Staff |February 21, 2013

1 min read

Northern Securities launches appeal with OSC

The OSC held a hearing yesterday to consider an appeal request from Northern Securities.

February 15, 2013

2 min read

IIROC hands down ruling on multiple violations

Following a disciplinary hearing held from October 1-4, 2012 in Edmonton, Alberta, a Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC), found that Charles B. Floyd made unsuitable recommendations and discretionary purchases in a client's account and that James Gordon McDonald failed to supervise the account.

By Staff |February 15, 2013

2 min read