Rating agency says tighter lending practices likely to cool overheated housing markets
Investors lost $8.8 million after being referred to firm that subsequently want bankrupt
Final requirements designed to limit contagion in the financial system take effect in 2019
Fines need to be paid, not just levied
New research found that reducing regulatory requirements for small firms also reduces market quality
New CSA report states that more work needs to be done by issuers to welcome women to their boards and into executive suites
The merger represents a response to declining assets in active management
The U.S. regulator also obtained judgments and orders for more than US$4 billion in disgorgement and penalties.
The Financial Consumer Agency of Canada’s annual report also highlights its efforts to improve financial literacy, industry engagement and consumer awareness
The complexity speculative products means it may be difficult for the majority of retail investors to understand the risks involved