Binance hit with $6-million Fintrac fine
Firm sanctioned over reporting, registration failures
- By: James Langton
- May 9, 2024 May 9, 2024
- 11:48
Firm sanctioned over reporting, registration failures
Project to examine streamlining settlement for money markets
Strong quarter for wealth management helps bank return to profitability
Rents continue to trend upward, CEO says
The government will set the standards for the private sector to implement
Screen scraping would be phased out over time
Homeowners must now consider the proposed higher capital gains inclusion rate
Business bankruptcies reach highest level in the past year
Fund rep could fill out basic information, but not KYC info, on investment dealer accounts
Asset managers anticipate explosive growth in the AI market
But not in Canada, where population surge weighs on per capita income and real GDP
Regulator contemplates expanding eligible assets for retail investment funds
Global group of regulators seeks new secretary general
'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