IIROC loses portable device that contains date on 52,000 brokerage firm clients
Disparity between Canada and U.S. firms reflects differences in domestic equity markets, other factors
BMO Nesbitt Burns loses bid to strike out advisors’ claims in statement of defence
New data from the IIAC point out that operating costs are hurting smaller firms much more acutely than larger ones
Capital shortfall leads to suspension by IIROC
Stable industry profits mask deep stress on individual firms
New shareholder liquidity process driven by consensus
Many securities firms are struggling to remain profitable
Northern Securities subsidiary not in compliance with IIROC capital requirements
Regulators and industry must work together to stop small- and mid-size dealers from dissappearing