Financial capability growing stronger, but not for all groups
A study released by the FINRA Foundation provides insights on underserved populations
- By: James Langton
- July 12, 2016 July 12, 2016
- 11:00
Latest news in Industry News
Report identifies key strengths of Canada’s four financial centres
Each city should be further developing fintech to help improve its position as a financial centre
- By: James Langton
- July 12, 2016 July 12, 2016
- 10:15
RCMP, CRA issue warning on taxpayer scam
Fraudsters are impersonating Canada Revenue Agency employees to dupe taxpayers
- By: James Langton
- July 11, 2016 July 11, 2016
- 13:35
Sun Life partners with MaRS Discovery District
The collaboration will see Sun Life working with startups developing technology in the areas of finance and health
- By: Tessie Sanci
- July 11, 2016 July 11, 2016
- 10:20
WealthBar offers new products for firms with employee group plans
The robo-advisor says costs will be lower than other group plans and individual employees will have dedicated advisors
- By: Tessie Sanci
- July 7, 2016 July 7, 2016
- 15:50
RIA introduces new designation
Responsible investment specialist course developed for mutual fund advisors
- By: Tessie Sanci
- July 7, 2016 July 7, 2016
- 15:35
FPSC issues new guidance on standards of professional responsibility
Guidance includes specific direction and examples on issues such as integrity and client trust
- By: Patricia Chisholm
- July 7, 2016 July 7, 2016
- 15:30
Venture exchange to launch new market-making service
TXS LiquidityPro aims to enhance liquidity for public venture companies
- By: Tessie Sanci
- July 6, 2016 July 6, 2016
- 13:10
Co-operators moves toward impact-investing target
Firm invests in InvestEco Sustainable Food Fund II
- By: Tessie Sanci
- July 5, 2016 July 5, 2016
- 10:10
CWB acquires GE Capital financing business
Purchase gives Canadian bank $345 million in loans
- By: Tessie Sanci
- July 4, 2016 July 4, 2016
- 12:45
Morneau welcomes Canada’s first federal credit union
New Brunswick-based caisse populaire switches to federal charter
- By: Rudy Mezzetta
- July 4, 2016 July 4, 2016
- 10:45
Monarch offers electronic onboarding
New system uses Fundserv program, enables electronic signatures
- By: Tessie Sanci
- July 4, 2016 July 4, 2016
- 10:30
Canadians would welcome robo-advisor services from their banks
Although banking clients said they prefer the benefits of receiving automated advice, most will continue to need some form of personal advice
- By: Rudy Mezzetta
- June 30, 2016 June 30, 2016
- 15:40
New tool aims to help firms promote advisors on Facebook
Hearsay Social’s “corporate-to-local advertising” tool is designed to save the time of advisors who may not have the social media experience to produce their own…
- By: Tessie Sanci
- June 30, 2016 June 30, 2016
- 15:15
Ontario court denies appeal from investor against WFG Securities
The appeal court upheld a lower court ruling that the case should be dismissed because it was brought outside the limitation period
- By: James Langton
- June 30, 2016 June 30, 2016
- 13:40
J.P. Morgan launches internal fintech incubator
The firm’s “In-Residence” program will allow fledgling fintech startups to sit “side by side” with J.P. Morgan to develop innovations
- By: James Langton
- June 30, 2016 June 30, 2016
- 12:35
Ontario woman charged with fraud and other securities violations
Michelle Dunk, who was given jail time for alleged unregistered trading earlier this year, is now facing further charges
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:50
Nasdaq completes ISE acquisition
As part of the deal, Nasdaq acquires three electronic options exchanges and doubles its stake in The Options Clearing Corp.
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:40
Financial services veterans appointed to the Order of Canada
Howard Wetston, Kathleen Taylor, Ned Goodman and Louis Vachon received one of Canada’s highest civilian honours
- By: James Langton
- June 30, 2016 June 30, 2016
- 09:35
U.S. brokerage firms see drop in Q1 profits, revenue
However, the results represent an increase on a quarter-over-quarter basis as numbers were up from Q4 2015
- By: James Langton
- June 30, 2016 June 30, 2016
- 08:40
Update: IFIC opposes possible embedded-commission ban
Fund industry group says CSA should wait until effects of existing reforms are known
- By: James Langton
- June 29, 2016 June 29, 2016
- 15:20
New robo-advisor embraces AI-driven active management
Although Responsive’s services have higher fees than other robo-advisors, these will be justified when markets take a downward turn, says the firm’s CEO
- By: Fiona Collie
- June 29, 2016 June 29, 2016
- 13:50
GE Capital no longer a systemically important institution
The U.S. FSOC has determined that GE Capital has effectively reduced its systemic importance to an acceptable level
- By: James Langton
- June 29, 2016 June 29, 2016
- 12:30
IFIC releases latest volatility risk guidelines
This year’s guidelines come at a time at which the CSA is currently working on a standardized methodology for measuring and reporting risk to investors
- By: James Langton
- June 28, 2016 June 28, 2016
- 15:50