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
Former OSFI deputy superintendent will advise research program
The new ETFs are focused on providing global diversification while limiting foreign-currency risk
The SRO will focus instead on participating in the CSA’s initiative to enhance proficiency requirements in the investment industry and other “targeted reforms”
Review notes a “general lack of completeness” in fund managers’ policies and procedures
The agreement covers 20 firms registered with in the U.S. as swap dealers, along with the other sorts of firms
Axel Weber named chairman of the Institute of International Finance