Former fund rep fined, banned for fleecing widow
"The respondent took advantage of her. The facts are shocking," an MFDA panel said
- By: James Langton
- February 12, 2019 November 13, 2019
- 11:24
"The respondent took advantage of her. The facts are shocking," an MFDA panel said
The purchase follows recent, similar acquisitions by Hub as it expands its presence in the employee benefits space
Nearly nine in ten small businesses are against the plan as it's currently structured
Report looks at 40 jurisdictions
Can policy-makers lighten regulation and still protect investors?
Mutual fund families that used a stock-picking portfolio-management style soared last year
Move enables Scotiabank to reduce risk and reallocate capital to markets in which it has a bigger presence
SNC-Lavalin and lower gold prices contribute to 64-point loss
Consolidation the U.S. bank sector could accelerate
Canada saw 3,415 deals announced last year, up by 14% from 2017
The MFDA alleged the rep launched a coffee business with a client and solicited investments in the business from several others
Regulator introduces new disclosure requirements for banks that have been deemed systemically important to Canada's financial system
There will be no changes to the pool's investment objectives
May crude oil contract declines US$2.03 to US$90.32 per barrel
A pair of portfolio managers make the case for cautious optimism
Approval of charters for non-banks on the rise, but industry wary of tech giants: Fitch
Concerns about investor harm arise as trailers persist, despite 2012 ban
Court dismisses case, citing importance of timely dispute resolution
Conflict arose from allocation that generated revenue from "no fee" accounts
Pre-budget submissions also float single insurance licensing system among provinces, fiduciary standard for advisors
Health coaches to support group benefits clients throughout cancer journey
The budget forecasts a deficit of $498M on total spending of $27.3B
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, Wellington-Altus adds talent, OSFI's Gully headed for Basel Committee and more
It's the second firm in Canada to receive approval to offer futures and forecast contracts
Both also recorded positive net sales in February, SIMA reports
Plus, other launches, fund changes announced