Watchdog offer tips to avoid becoming a victim
Alleges mispricing, insider trading in Heartland Advisors funds
Defendants deceived fund companies, shareholders
Nine teams to cover Canada
OSC offers tips to protect investors from fraud
The Royal Canadian Mounted Police has arrested four people in Ontario in connection with an alleged fraudulent offshore investment scheme.Police have so far identified 15 victims with individual losses ranging from approximately US$5,000 to approximately US$103,000. Total losses are estimated at US$300,000.Victims have come forward from Hamilton, Stoney Creek, Grimsby, Ancaster, St. Catharines, Mississauga, Goderich […]
Industry must ensure that all clients are treated fairly
More companies are likely to be charged in the burgeoning scandal surrounding the U.S. mutual fund industry, the head of the Securities and Exchange Commission’s enforcement division told Congress Tuesday. Stephen Cutler, testifying about the investigations into the US$7 trillion mutual fund business, said the SEC plans to send notification to some firms this week […]
Regulator marks Crime Prevention Week
Spelling mistake unravels forgery scheme