Allison joins investment dealer Aug. 4
Firm failed to supervise accounts in RRSP stripping scheme
Raymond James Streamline forges alliance with HighView Financial
Former Dundee general counsel joins Raymond James management team
The National Association of Securities Dealers today announced that it has fined Raymond James Financial Services Inc. US$2.75 million for failing to maintain an adequate supervisory system to oversee the sales activities of over 1,000 producing branch managers.In a related action, NASD permanently barred one of those branch managers for recommending unsuitable mutual fund and […]
17 stocks forecast to produce superior results
Firm order to pay $425,000; Deslongchamps fined $50,000
The market for initial public offerings has evolved dramatically in the past decade. Investment bankers have become increasingly creative with the structure and substance of IPOs, turning a traditionally flighty part of the market into a solid source of fees.Investment Executive has been tracking the Canadian IPO market for more than a decade, estimating the […]