The firm’s advisors will now have the option to refer clients to third-party portfolio managers with whom the firm has long had relationships or to Raintree’s own discretionary platform
The agreement helps Financial Horizons brokers gain access to more financial offerings while Pinnacle advisors will benefit from running their insurance business under one brand
Five of Canada’s provincial securities commissions issued a notice on Thursday warning that some issuers may be abusing shareholders in the way they’re structuring exempt-rights offerings. In particular, the regulators say in the notice that they have concerns with structures that are potentially abusive: “For example, we may have concerns where a rights offering is […]
Lending Loop completes exempt market dealer registration process
Accredited investors in Ontario will be able to co-invest in small business loans through Vault Circle
Investors can participate in a distribution even if their investment dealer advises against it
The report contains an update on exempt market reform and crowdfunding
Alberta adopts prospectus exemption rule for start-ups
Proposals include stronger protection for client assets, clarity for EMD activities and relief from certain CRM2 requirements
The proposed rule would provide exemptions from prospectus requirements for distributions of securities outside of the country