Small firms need living wills: OSC
Regulator calls for continuity plans at one-man shops
- By: James Langton
- January 26, 2024 January 26, 2024
- 14:25
Regulator calls for continuity plans at one-man shops
Compares to a $3.6B deficit over the same period in 2022-23
Average asking rent for December in Canada jumped to a record high of $2,178 per month
What’s at stake: stable financial markets and a major driver of global economic growth
The latest data suggests the American economy is achieving a difficult “soft landing”
SRO consults on options for resolving long-standing regulatory disparity
Client cashed RRSPs, paid DSCs, and took credit card advance to lend to rep, regulator alleged
Year over year, redemptions increased 30.5%
The bank left its benchmark rate unchanged at a record-high 4%
Global issuance for 2024 is estimated at US$950 billion
Revisions aim to enhance corporate transparency to investors, policymakers
Growth in average weekly earnings rose in the month
Optimism is growing that the Fed is on track to deliver a rare soft landing
'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