A panel that advises the Ontario Securities Commission on investor protection issues said Tuesday the regulator has failed to address “inadequate and outdated regulatory standards” on investing advice, and urged quick action to provide “fair, independent complaint handling” and binding compensation. 334 more words
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Monica Kowal, general counsel at the Ontario Securities Commission since 2004, has been appointed vice-chair of the regulator.
She replaces Mary Condon, who will remain a part-time OSC commissioner but has returned to a previous position at Osgoode Hall Law School. 168 more words
As the list grows of investment dealers rejecting compensation awards recommended for their clients by Canada’s independent banking ombudsman, an investor advisory panel is calling on the Ontario Securities Commission to step in and make the compensation binding. 311 more words
Poison pills can be an impediment when considering a hostile bid for a company, but things are particularly complicated in Canada right now as Quebec and the rest of the country consider two opposing ways to handle an unsolicited takeover. 695 more words
Canada’s largest securities regulator is attempting to rehabilitate its long-standing image as a toothless tiger by adding new potent weapons to its arsenal of powers it hopes will result in successful prosecutions of market miscreants. 673 more words