The distributed ledger consortium brings together financial industry veterans, technologists and blockchain and cryptocurrency experts
New York-based firm will concentrate on ultra-high-net-worth clients in the U.S.
ETF expenses not included in the calculations of MERs and TERs
The pair have both been sentenced to three months in jail, followed by 18 months of probation and 125 community service, according to the OSC
The increase in revenue was due primarily to the impact of new fee rules, particularly higher participation fees
The first part of what is to be a two-stage review indicates that “[f]inancial [services] institutions are facing an array of new and emerging risks”
Gaudet, whom the OSC had banned permanently in 1991, admitted to trading without registration and issuing securities without a prospectus
But there’s good progress on trade reporting requirements for OTC derivatives, and higher capital requirements for non-centrally cleared derivatives are mostly in force
Mackenzie and Quadrus will not have to deliver the document to clients if they’re in a program that automatically switches them to a lower-fee series
Investor advocates call on IIROC to support CSA proposal