FINRA, Ontario Watchdog Seal Cooperation Deal

Law360, New York (November 18, 2011, 4:07 PM EST) -- The Financial Industry Regulatory Authority and the Ontario Securities Commission signed an agreement under which they will exchange information on regulated entities that operate across the U.S.-Canadian border, the agencies announced Friday.

FINRA Chairman and CEO Richard Ketchum and OSC Chairman Howard I. Wetston signed the memorandum of understanding in Toronto. The agreement provides for a mechanism to facilitate consultation and cooperation between the two bodies and establishes a framework for enhancing their ability to oversee securities firms and markets in the U.S. and Canada, they...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.