The sale SAC Capital is expected to close next month
Challenges remain in the quest to create standardized data feeds for insurance applications and in-force policies
MacMillan, the firm’s chairman, will take over from Jeremy Freedman, who announced his retirement from the firm, on July 1
Profitability, increasing interconnectedness of banks and non-bank firms and the growth of emerging markets are the top risks to Europe’s financial firms and markets
New regime called “major step forward for consumers”
FCA calls on management firms to review their practices
But performance was up strongly from the fourth quarter
The new reporting process aims to reduce the compliance burden on issuers and bolster oversight by providing regulators with more information
The Joint Regulators Committee has created a process for OBSI to report possible systemic issues to the regulators
The final amendments to the trading rules will introduce a cap on active trading fees and a methodology for setting data fees
Co-operative identifies three focus area: climate change; health and wellness; and food, agriculture and natural resources
There is scope to strengthen enforcement activities
Although some clients may be put off by the cost of premiums, advisors can demonstrate the value of permanent coverage
'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