SEC alleges CEO engineered short squeeze
Company completed offering while valuation was inflated, regulator says
- By: James Langton
- June 25, 2024 June 25, 2024
- 15:04
Company completed offering while valuation was inflated, regulator says
Gifts to support home purchases rising alongside home prices, CIBC says
Vanguard study finds Canadians are 18 times overweight their domestic holdings
Acquisition of Canadian Western Bank could also boost National Bank Independent Network
Regulator reviewed 54 information filings from 14 insurers
Proposals seek comment on adjustments to listing requirements for industrials, miners and energy companies
Making Canada a better place to invest is critical, BoC governor said
Range of possible futures depends on immigration levels
Mutual funds stuck in net redemptions, while ETFs remain in positive sales territory
Regulator alleges venture was a "multi-layered" fraud
Canadians hold $524 billion in their TFSAs, according to new CRA data
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