Fed, FDIC order Voyager Digital to stop statements on deposit insurance
The Crown corporation also introduced changes for deposits held in trust or placed through financial advisors
The new account comes ahead of expanded CDIC deposit insurance coverage
Proposed amendments to a CDIC by-law “introduce requirements that entail significant systems and procedural changes” for IIAC member firms that act as nominee brokers
Changes in CDIC coverage include new categories for RESPs and RDSPs
Insurance coverage will be extended to deposits held in RESPs and RDSPs
The AMF has participated in several IADI bodies over the years and the Quebec regulator will host the organization’s annual meeting next year
New deposit categories for RESPs and RDSPs are among the proposals
Learn more about CDIC deposit insurance
The former director of Caisse Populaire d’Iroquois Falls was convicted of fraud in 2008