Know your client – Investment Executive https://uat-phoenix.investmentexecutive.com Canada's news source for financial professionals Mon, 10 Feb 2025 18:09:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Know your client – Investment Executive https://uat-phoenix.investmentexecutive.com 32 32 Advisors are at risk https://uat-phoenix.investmentexecutive.com/inside-track_/ellen-bessner/advisors-are-at-risk/ Mon, 10 Feb 2025 21:00:59 +0000 https://www.investmentexecutive.com/?p=502098 Protect your business and reputation by managing these 5 risks

The post Advisors are at risk appeared first on Investment Executive.

]]> CFR compliance sweep report on tap https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/cfr-compliance-sweep-report-on-tap/ Fri, 31 Jan 2025 21:06:13 +0000 https://www.investmentexecutive.com/?p=501492 CIRO, CSA to publish joint report on CFR sweep in first half

The post CFR compliance sweep report on tap appeared first on Investment Executive.

]]> Capital markets vulnerable to criminals: FCA https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/capital-markets-vulnerable-to-criminals-fca/ Thu, 23 Jan 2025 19:11:12 +0000 https://www.investmentexecutive.com/?p=500852 Firms need to beef up anti-money laundering controls, review finds

The post Capital markets vulnerable to criminals: FCA appeared first on Investment Executive.

]]> Crypto exchange gets second US$100-million penalty https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/crypto-exchange-gets-second-us100-million-penalty/ Wed, 15 Jan 2025 21:55:57 +0000 https://www.investmentexecutive.com/?p=500213 BitMEX sanctioned in U.S. for anti-money laundering, KYC violations

The post Crypto exchange gets second US$100-million penalty appeared first on Investment Executive.

]]> CIRO panel revokes third-party order https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/ciro-panel-revokes-third-party-order/ Mon, 13 Jan 2025 22:14:03 +0000 https://www.investmentexecutive.com/?p=500120 Earlier decision requiring clearing broker to produce records overturned

The post CIRO panel revokes third-party order appeared first on Investment Executive.

]]> Crypto hedge funds hampered by timid bankers: Report https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/crypto-hedge-funds-hampered-by-timid-bankers-report/ Mon, 13 Jan 2025 21:38:44 +0000 https://www.investmentexecutive.com/?p=500110 AIMA survey finds crypto funds struggle to get basic banking services

The post Crypto hedge funds hampered by timid bankers: Report appeared first on Investment Executive.

]]> Closing the gap between mutual, seg fund regulation https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/closing-the-gap-between-mutual-seg-fund-regulation/ Wed, 08 Jan 2025 21:02:41 +0000 https://www.investmentexecutive.com/?p=499805 CCIR, CISRO propose new guidance on the design, distribution of seg funds

The post Closing the gap between mutual, seg fund regulation appeared first on Investment Executive.

]]> Review finds crypto firms sloppy with KYC too https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/review-finds-crypto-firms-sloppy-with-kyc-too/ Tue, 10 Dec 2024 20:53:07 +0000 https://www.investmentexecutive.com/?p=498285 OSC sweep uncovered issues with firms' account opening, client limits

The post Review finds crypto firms sloppy with KYC too appeared first on Investment Executive.

]]> Robo advisor sanctioned over CFR shortcomings https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/robo-advisor-sanctioned-over-cfr-shortcomings/ Tue, 03 Dec 2024 13:56:42 +0000 https://www.investmentexecutive.com/?p=497778 Compliance sweep in 2022 found WealthBar wasn't meeting new standards

The post Robo advisor sanctioned over CFR shortcomings appeared first on Investment Executive.

]]> Fund rep sanctioned for allowing ‘stealth advising’ https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/fund-rep-sanctioned-for-allowing-stealth-advising/ Wed, 06 Nov 2024 18:18:10 +0000 https://www.investmentexecutive.com/?p=496155 Leverage strategy deployed on the down low resulted in hefty financial losses

The post Fund rep sanctioned for allowing ‘stealth advising’ appeared first on Investment Executive.

]]>