IOSCO calls for action on market outages
Software glitches the most common causes of trading failures, regulators find
- By: James Langton
- June 5, 2024 June 5, 2024
- 13:00
Software glitches the most common causes of trading failures, regulators find
More buyers are expected to enter the market as borrowing costs begin to decrease
Governor says if inflation continues to ease, it is reasonable to expect further cuts
Total inflows have reached $24 billion this year
Sham fund manager engaged in a Ponzi scheme, regulators ruled
ESMA promises tougher oversight, calls on industry to avoid misleading claims
CIRO survey finds investors relying on social media, ranking it as worthy as traditional advice
The value of money owed by governments rose by US$5.6 trillion from 2022, UN Trade and Development says
The advocacy group says the new name comes at a time of increasingly difficult headwinds for women in the finance sector
Rate cuts on tap this year, although size and timing remain data driven
Market has evolved dramatically since the global financial crisis
Crypto exposures, operational risks may need capital charges
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