Court approves $100-million BMO class action settlement over FX fees
The legal team gets $20 million, and a former advisor turned plaintiff was awarded $50,000
- By: James Langton
- June 18, 2021 June 18, 2021
- 17:11
The legal team gets $20 million, and a former advisor turned plaintiff was awarded $50,000
Revisions to implement latest Basel III reforms on OTC derivative risk
OSFI's decision to rebuild capital shows faith in banks' strength and the economic recovery
Mortgage borrowing saw its largest month-over-month increase in April
The firm has also lowered fees and changed the investment objectives of existing funds
The planned fund merger will take place on June 25
The Quebec regulator achieved its objectives despite the pandemic
Immigration reignited growth after the pandemic's "lost year"
According to IFIC, mutual funds had net sales of $8.4 billion, while ETFs had $7.6 billion
Rep violated suitability obligations by investing clients in funds with risky holdings
As crypto usage rises, suspicion is declining, research finds
As equity markets hit new highs, investors piled into bonds
A long-term mindset offers competitive advantage
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