BMO, SEC

BMO Capital markets settles with SEC over bond desk supervision
BMO Capital Markets agreed to pay more than $40 million to settle U.S. Securities and Exchange Commission charges it failed to properly supervise employees who sold mortgage-backed bonds, the regulator said on Monday.
SEC charges BMO US$40 million for selling 'misleading' mortgage-backed bonds
A regulator in the United States has charged a unit of the Bank of Montreal (BMO) more than US$40 million for selling mortgage-backed bonds that it says offered misleading metrics and did not accurately describe the characteristics of the collateral backing the bonds.
BMO Capital Markets to pay $40M in SEC settlement
Canadian bank's capital markets arm reportedly failed to detect representatives' misleading disclosures involving $3 billion of mortgage-backed "sliver bonds" sold over a multi-year period.
BMO unit to pay $40.7 million in US SEC settlement over misleading bond sales
A unit of Bank of Montreal agreed to pay $40.7 million to settle U.S. Securities and Exchange Commission charges that it failed to supervise employees who misled investors about the attractiveness of mortgage-backed bonds the bank was selling.
BMO agrees to pay US$40 million to settle SEC charges on supervision failure
The U.S. Securities and Exchange Commission (SEC) says BMO has agreed to pay more than US$40 million to settle charges related to the bank’s alleged supervision failure in bond selling. The regulator says the apparent issue allowed employees in the BMO Capital Markets division to allegedly sell mortgage-backed bonds using misleading metrics.
BMO Unit To Pay $40M in SEC settlement
BMO Capital Markets has agreed to a $40 million settlement with the U.S. Securities and Exchange Commission (SEC) over allegations that the broker-dealer failed to properly supervise employees who provided misleading information about mortgage-backed securities sold between 2020 and 2023,
Broker-dealer BMO Capital Markets to pay $41M to settle trade supervision lapses
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years,
SEC Charges BMO Capital Markets with Failing to Supervise Agency Bond Desk
January 13, 2025) - The Securities and Exchange Commission today charged registered broker-dealer BMO Capital Markets Corp. with failing to supervise employees who, from December 2020 until May 2023,
Yahoo Finance1d
Bank of Montreal (BMO)
(Bloomberg) -- BMO Financial Group has entered a partnership with alternative asset manager Canal Road Group in a deal that will enable the latter to invest up to $1 billion in direct lending ...
Bloomberg L.P.3d
BMO Expands Private Credit Reach Via Deal With Alternative Asset Manager
a partnership with alternative asset manager Canal Road Group in a deal that will enable the latter to invest up to $1 billion in direct lending, as the Canadian bank seeks to grow its presence in ...
CNBC4d
BMO is offering three checking account bonuses of up to $600 — here's how to get it
BMO is offering up to $600 in cash bonuses on its Smart Advantage Checking Account, Smart Money Checking Account and Relationship Checking Account. If you open an account by October 31, you can ...
Bank of Montreal enters into automatic securities purchase plan
Bank of Montreal (NYSE:BMO) has entered into an automatic securities purchase plan to facilitate repurchases of its common ...