Plus, fund changes from CI GAM, SEI Canada, Scotia Global Asset Management
Sanctions follow findings of 2023 review, which flagged four violations
Many firms use discretion to set ratings, some lack policies, CSA finds
Regulators seek more useful, flexible product disclosures
Regulator examines use of discretion in ratings, following OBSI alert
This unique, illiquid asset class demands a risk-conscious approach
New rating, AA+, is still considered well into investment grade
Rules aim to expand availability of risky, illiquid investment funds
Accumulating threats and weak liquidity may test systemic stability, U.K. regulators say
A closer look at several methodologies beyond standard deviation: max drawdown, batting average and more