United States

Why regulators in the UK choose not to reward whistleblowers. Bloomberg reported on the UK’s reasoning for not rewarding whistleblowers. According to a 2014 UK Financial Conduct Authority/Bank of England study, financial incentives for whistleblowers were rejected because that sort of program would be too expensive and complex and would create a “moral hazard” by encourage rogue employees to fabricate wrongdoings. The report said it found little evidence that the US system of rewarding whistleblowers leads to more disclosures or better information. (6/2/2017)

IEX is planning to become a listing venue. Pending SEC approval, IEX is planning to begin operating as a primary listing exchange and support its first listed company in October 2017. (5/31/2017)


OSC requests applications for IFPAC. The OSC announced that it is seeking applications for membership on its Investment Funds Product Advisory Committee. Applications are due by June 21, 2017. (5/31/2017)

OSC publishes paper on responsive market regulation. The OSC announced its release of A Framework for Responsive Market Regulation, a paper presented at Oxford University that addresses how Canadian regulators are responding to changes in the market while protecting investors. (5/25/2017)