U.S. markets close mixed
The aim of the test is to raise the standards and competence of advisors
New guidance aims to bring mutual fund dealer arrangements under consistent regulatory oversight
Many experts predict another increase could arrive as early as next month
Closed-end funds would be reorganized as open-end mutual funds
Surplus with U.S. highest since October 2008
There was a modest increase in investment industry complaints
No need for immediate regulatory action, regulators say
High household debt levels remain an ongoing risk for the banks
Since 1993, more than 80 real estate companies have completed an IPO on TSX and TSXV
The application process for term life insurance is guided by the company’s proprietary algorithms and takes about five minutes to complete
Loonie falls further
Adrienne O’Neill succeeds Robert Veloso
Central bank is closely monitoring inflation expectations, Fed chair says
Oil shock knock-on effects more likely as conflict drags on
Dow and Nasdaq finished in correction territory last week
Regulator releases first enforcement annual report
SEC alleged firm failed to disclose conflicts in mutual fund revenue sharing
Regulator consults on approach to building machine-readable rules
Clamp-down on scams may impose new obligations on financial institutions, among others
Separate legislation give Canadians, lawmakers opportunity to scrutinize separate issues
Provincial budget’s cut to small business tax rate comes with adjustment for tax-integration purposes
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
Interim PBO Jason Jacques' term expired at start of March
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced
Regulator addresses questions from market participants after Wealthsimple gets approval to launch event contracts
It's the second firm in Canada to receive approval to offer futures and forecast contracts