Mackenzie fined for excessive promotional spending
The mutual fund company has agreed to pay more than $1 million in penalties and costs for violating sales practices rules
- By: James Langton
- April 6, 2018 November 13, 2019
- 17:30
The mutual fund company has agreed to pay more than $1 million in penalties and costs for violating sales practices rules
Trade war worries hit U.S. stocks
The province’s economy is booming, finance minister says
New information aims to help investors determine whether a higher-cost, actively managed mutual fund fits their investment goals better than a lower-cost alternative
Jobless rate stays at record low 5.8%
The impact of financial technology firms is growing
The corporate services provider will initially focus on the alternative investments business
The whistleblower first reported the information to another federal agency and later provided the same information to the SEC
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Thursday’s annual meeting was Darryl White’s first as CEO
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IPC denied regulator's review request on disclosure of records
Claim process begins for investors covered by class action over trailer fees
Plus, other software updates and a partnership
It also wants to increase labour productivity by 3.3%
Interest rate on overdue tax will remain 7% in Q3
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
New leadership position brings better accountability for back-office workflows
Firm founder Danny Popescu has vacated the role to become executive chair
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales
The data also reveals Canadians' limited knowledge of cross-border investing tax implications