FINRA and IIROC announce cooperation agreement
Felix Shipkevich - July 27, 2009Under the new cooperation agreement, FINRA and IIROC will share information on compliance and enforcement related matters, and work together on issues related to firm oversight and examinations.
FINRA and IIROC warn about leveraged and inverse ETFs
Felix Shipkevich - June 11, 2009FINRA and IIROC remind firms of their sales practice obligations with regards to leveraged and inverse ETFs. ETFs that are designed to achieve investment objectives on a daily basis may not be suitable for many investors, and should not be marketed as if they were designed to positively or negatively track an underlying index or [...]
“Office of the Whistleblower” created
Felix Shipkevich - March 5, 2009FINRA’s new Office of the Whistleblower will process high risk tips. The agency’s Front End Cause Unit will still handle the thousands of routine regulatory tips and customer complaints it recieves each year.
