Pyramid schemer banned in OSC settlement
Venture that led to conviction also violated securities rules, regulator says
- By: James Langton
- October 31, 2024 October 31, 2024
- 12:51
Venture that led to conviction also violated securities rules, regulator says
Plus, new ETFs from BMO and Dynamic Funds enter the scene
OSC asked to review OM exemption, beneficial ownership registry being examined
The cuts come just a year after the insurer cut 250 positions in its investment management division
Man banned four years, pays $135,000 in settlement with regulator
Job growth was held down in October by hurricanes and worker strikes
Previously forecasted deficit of $4.6 billion for 2025-26 has now been amended to just $1.5 billion
Consumer spending helps drive growth despite the weight of still-high interest rates
Review highlights improved board diversity, lack of female CEOs, CFOs
SRO considers modernizing rules amid market, investor evolution
Canadians are investing less because of inflation and higher interest rates
This is the first time in eight months that Chinese factory activity has expanded
Abdolnasser Hemmati, a former economics minister, is the new central bank governor
Unemployment benefit filings can be distorted during holiday-shortened weeks — policy makers remained concerned about the U.S. labour market
They bring liquidity and pricing benefits, but some ETFs have too few
Retail investors targeted by so-called investment groups on social media
The increase is part of an effort to beef up anti-money laundering measures
Jamie Coulter made news when he resigned as CEO of Raymond James Ltd. — he wasn't the only one to make a change
The two were among 80 new appointees, which also included artists, scientists and Supreme Court justices
Fee fairness and disclosure, potential for conflicts of interest among issues in CSA consultation
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
The funds suffered net outflows of US$2.95 billion in the month: ETFGI
The funds reached a new record of US$799.35B in assets in November: ETFGI
Tech, climate change account for nearly half of thematic ETF assets