Industry

IFIC seeks changes to FATCA

The Investment Funds Institute of Canada has asked the U.S. Department of Treasury and Internal Revenue Service for changes to the proposed Foreign Account Tax Compliance Act (FATCA).

By Staff |May 4, 2012

2 min read

Regulation doesn’t stifle social media

It’s a familiar refrain in the financial services industry: I’d like to use social media, if only compliance would let me.

May 4, 2012

4 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

Regulator hands out “parking ticket”

On January 26, 2011, a FINRA hearing panel found that Hedge Fund Capital Partners LLC and Howard G. Jahre, its president and majority owner, violated numerous FINRA rules and provisions of the Securities Exchange Act of 1934.

May 4, 2012

2 min read