U.S. court orders US$3.4 billion in penalties and restitution in global forex fraud
Failure to move much-need legislation would send a "negative signal" to market
A strong rebound in China boosts first quarter growth
Regulator will issue penalties, without hearings, for minor rule violations
Institutional investors seek distribution from failed fund manager
Results can be hard to comprehend and compare, new report says
Global sales dropped in the first quarter but Canada was an exception, Morningstar reports
Mutual funds recorded $3.4 billion in net redemptions for March but ETF sales held up, IFIC reported
Adoption of the new financial benchmark well underway
Hedge funds, asset managers and even crypto firms face increased oversight, Fitch says