Court grants leave for class action against FSRA
Investor alleges PACE securities sold without required disclosure while under FSRA administration
- By: James Langton
- October 9, 2024 October 9, 2024
- 13:10
Investor alleges PACE securities sold without required disclosure while under FSRA administration
Plus, other developments in wealth management tech
Re/Max report says pent-up demand is expected to fuel stronger market activity by spring 2025
Regulator seeks enhanced transparency, more useful information on firms' activities
Wealthier households, however, have seen their purchasing power rise since 2022
Strains are easing, but Vancouver remains in "crisis territory," RBC Economics says
Feds targeting "undeveloped" residentially zoned land to encourage home building
Bonnie Lysyk, along with Josée Turcotte, will support the regulator in delivering its strategic plan
"Ticker Take with Jon Erlichman" will target DIY investors
Despite fears to the contrary, cancer survivors can qualify for a standard rating on life policies
Both Trump, Harris have campaigned on policies that could cause uncertainty for Canadian trade
But the piecemeal nature of the plans appeared to disappoint investors
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales