Tags » U-S-securities-and-exchange-commission

Royal Bank of Canada to pay SEC US$2.5-million fine over false disclosure in Warburg Pincus deal

Royal Bank of Canada agreed to pay US$2.5 million to settle U.S. Securities and Exchange Commission allegations that its valuation of an ambulance-provider in 2011 was too low, making a Warburg Pincus takeover offer look more attractive. 197 more words

FP Street

Five things you should know before you start your workday on Aug. 31

Good morning. The possible future for Canadian fertilizer companies. The U.S. Securities and Exchange Commission awards the Monsanto whistleblower US$22 million. And why Ireland doesn’t want Apple’s US$14.5 billion in back taxes. 799 more words


Valeant accused of racketeering in class-action lawsuit from N.Y. health funds

Valeant Pharmaceuticals is being sued by New York health benefit funds providers that allege the embattled Canadian drug manufacturer overcharged for medications in contravention of racketeering and consumer-protection legislation. 382 more words


Enbridge Inc. files mixed shelf offering of up to $7 billion with U.S. SEC: filing

Enbridge Inc., Canada’s largest pipeline company, filed a mixed shelf offering of up to $7 billion with the U.S. Securities and Exchange Commission on Monday, according to a SEC filing. 131 more words

FP Street

Deutsche Bank whistleblower spurns US$8 million SEC reward because regulator didn't go after senior executives

A former Deutsche Bank AG risk officer said he was refusing an US$8.25 million reward from the Securities and Exchange Commission for blowing the whistle on the lender overvaluing a derivatives portfolio, because of his concern that the SEC didn’t go after senior executives. 454 more words

FP Street

Canadian penny stock ’kingpin’ gets more than six years for US$140 million boiler room plot

A globe-trotting securities dealer who set up boiler rooms throughout the world in what gave rise to one of the U.S. government’s largest penny stock fraud investigations was sentenced to 6 1/2 years in prison. 668 more words

Ontario Securities Commission

Neil Mohindra: A two-tiered single regulator in Canada would mean dark and cloudy days ahead

The Cooperative Capital Markets Regulator (CCMR) has announced a further delay in its implementation to 2018 from the fall of 2016. For proponents of national securities regulation this may be a blessing. 648 more words

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