The Fed has ordered the firm to pay a civil penalty of US$36.3 million and announced enforcement proceedings against former managing director
New York-based BlackRock Inc.’s iShares gathered the largest net inflows, followed by Malvern, Penn.-based the Vanguard Group
Alexander was senior vice president and chief economist with TD and also served as an economist with CIBC, RBC and the C.D. Howe Institute
Although there are short-term concerns, the credit-rating agency sees lower budget deficits and greater economic growth in the years ahead
The industry trade association suggests that group RRSPs should be put on a level playing field with DC pensions and PRPPs
The impact of such an event happening in Canada could spread from the insurance industry to the overall financial system
A new international advisory group has been set up to help the authorities keep up with recent fintech developments
Leonid Momotok was involved in an international scheme to hack into newswires and trade on stolen inside information
The Toronto-based insurer is purchasing FWD Life Insurance’s pension and MPF businesses as well as entering into a distribution agreement with that firm
The merged firms will combine to create Irish Life Health
Study also finds that Canadians younger than 55 are most they will not be able to save enough to meet their financial goals while those…
John Briner and his former firm have been ordered to pay US$280,000 and have been banned permanently
The sentence, which includes other sanctions, was handed down after Sydney Klein pleaded guilty to one count of defrauding the public
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups