Quebec insurance brokers welcome tax harmonization mitigation measures
Raymond James manager failed to properly supervise rep who recommended margin borrowing to elderly clients
Fund dealer failed to provide close supervision to fund salesman who violated terms placed on him by the Nova Scotia Securities Commission
Toronto-based Matrix Asset Management Inc. (TSX:MTA) said Monday evening it is targeting July 12 as the closing date for the previously announced proposed sale of the operating assets (excluding working capital) of Halifax-based Seamark Asset Management Ltd., a subsidiary of Matrix. As previously announced, Matrix has agreed to sell the Seamark assets to a newly […]
The acquisition is expected to be completed on July 10
Revised standard will help address risks associated with interactions with shadow banks
Sprott Inc. (TSX: SII) said Thursday the previously announced joint venture with CITICPE Hongkong Mgt. Co. Limited to set up an offshore global resource fund will not proceed. In May, Sprott CEO Peter Grosskopf said the partnership would “leverage Sprott’s unique resource investment platform and CITICPE HK’s investment expertise and in-depth knowledge in Asian markets.”
Proceeds to reduce the amount of the bank’s outstanding subordinated notes