The elimination of embedded commissions could make the financial services sector less desirable for young adults or widen the advice gap for the mass affluent,…
The settlement stems from allegations that the firm failed to properly supervise former portfolio manager Krishna Sammy
Long-term funds recorded $4.35 billion in net sales in January
Brenda Rideout to succeed Peter Aceto
This year’s compliance exams will focus on suitability and KYC issues as well as the new cost and performance reporting requirements under CRM2
Many jurisdictions consider their rules for investment funds sufficient to address loan funds
The decline followed four consecutive monthly increases
Regulators in Ontario and the U.K. are aiming to ease the path for fintech firms to expand to each other’s markets
Blockchain Intelligence Group focuses on data analytics and risk assessment
But the total number of donors and the proportion of taxpayers claiming charitable donations declined slightly, the national statistics agency reports
The firm, which announced that it had surpassed $100 million in AUM in January, offers its clients private investment portfolios as well as ETFs
Boost client portfolios with a balance of public and private exposure to real estate equity and debt
'Hot print' from Micron Technologies boosted enthusiasm for tech stocks, says portfolio manager
Central bank sees slowdown in wage gains from collective agreements
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Accountant allegedly found assets used to lure investors to schemes
OSC forgoes monetary sanctions, amid bankruptcy, ongoing litigation
Execs that previously pleaded guilty in fraud case accept regulatory sanctions
Plus, Raymond James gains Richardson advisor, and promotions at BMO, CI GAM, Wellington-Altus and more
Provincial regulator can halt trading when misinformation circulates
QAFP exam has one more sitting before title protection transition ends
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
More than 300 new products landed in 2025 — a new record