Canadian securities regulators publish IIROC oversight review report LeapRate

April 27, 2018 BY Valentina Kirilova

Canadian securities regulators publish IIROC oversight review report

The Canadian Securities Administrators (CSA) has informed that it has released the Oversight Review Report of the Investment Industry Regulatory Organization of Canada (IIROC). The report evaluates whether specific regulatory processes were effective, efficient, and were applied consistently and fairly, and whether IIROC complied with the terms and conditions of its Recognition Orders. IIROC is…

December 18, 2017 BY LeapRate Staff

Canadian regulators warn of risks in cryptocurrency futures

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has published a notice reminding dealers and investors of the inherent risks associated with products linked to cryptocurrencies, including futures contracts. While these contracts may be traded on regulated exchanges and may be cleared by regulated central counterparties, the fact remains that their high level of risk will not be…

September 28, 2017 BY LeapRate Staff

Binary Options of less than 30 days banned in Canada

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has announced the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual. The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the…

August 24, 2017 BY LeapRate Staff

Canada regulator CSA issues statement on ICOs, ITOs, and Canadian securities law

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has published a notice entitled Cryptocurrency Offerings, which outlines how securities law requirements may apply to initial coin offerings (ICOs), initial token offerings (ITOs), cryptocurrency investment funds and the cryptocurrency exchanges trading these products. The notice describes the factors CSA staff consider in assessing whether prospectus, registration and marketplace…

August 01, 2017 BY Valentina Kirilova

CSA publishes annual report outlining investor education campaigns and activities

The Canadian Securities Administrators (CSA) today published an annual activity report outlining its investor education and outreach efforts over the past year. The CSA Investor Education Committee continues to prioritize investors’ needs and develop innovative ways to help Canadians understand more about their finances,” said Louis Morisset, CSA Chair and President and CEO of the…

Canada CSA annual report binary options scams

July 31, 2017 BY LeapRate Staff

Canada regulator CSA highlights Binary Options scams in its 2017 annual report

Pan-Canadian financial regulator Canadian Securities Administrators (CSA) has issued its 2017 annual report, highlighting the CSA's ongoing fight against Binary Options scams targeting Canadian consumers. The CSA comprises a council of securities regulators of Canada’s 10 provinces and three territories. It coordinates and harmonizes regulation for the Canadian capital markets. The CSA devoted an entire section…

July 14, 2017 BY Valentina Kirilova

CSA cautions industry about false and misleading registration applications

The Canadian Securities Administrators (CSA) has today published CSA Staff Notice 33-320 The Requirement for True and Complete Applications for Registration to caution firms and individuals about the potential consequences of submitting false or misleading applications for registration. Each year, CSA staff receive many applications for registration that omit relevant information or contain information that…

April 27, 2017 BY LeapRate Staff

Canada financial regulatory umbrella group CSA proposes Binary Options ad ban

The Canadian Securities Administrators (CSA), the council of the securities regulators of Canada’s provinces and territories which co-ordinates and harmonizes regulation for the Canadian capital markets, has published for comment National Instrument 91-102 Prohibition of Binary Options. The proposal would prohibit advertising, offering, selling or otherwise trading a binary option to an individual throughout Canada. Given that…

April 13, 2017 BY Valentina Kirilova

CSA: Investor Advisory Panel’s annual report highlights work on conflicted compensation

The Investor Advisory Panel today released its 2016 Annual Report summarizing its recommendations, activities, submissions, consultations, and meetings during the calendar year. In 2016, the Panel focused on five critical areas of investor protection: conflicts of interest and conflicted compensation, the need for a best interest standard, risk profiling, the Ombudsman for Banking Services and…

August 22, 2016 BY Valentina Kirilova

CSA to measure impact of point of sale amendments

The Canadian Securities Administrators (CSA) has announced a multi-year research project to measure the impacts of requirements introduced by Phase 2 of the Client Relationship Model (CRM2) and the Point of Sale (POS) amendments on investors and the industry. On July 15, 2013, the CRM2 amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant…

Tag: Canadian Securities Administrators (CSA)