CIRO sanctions dealer’s supervisory lapses
Calgary's Leede Jones Gable fined $150,000 for oversight failings
- By: James Langton
- December 21, 2023 December 28, 2023
- 17:11
Calgary's Leede Jones Gable fined $150,000 for oversight failings
SRO consolidates IIROC, MFDA approaches to enforcement penalties, policies
While pockets will suffer from rising rates, overall stress should be modest
Appeal Court finds alleged fiduciary duty breach can be basis for class action
Regulator names first chief data scientist
Such numbers won't keep climbing, analysts warn
Net sales have been negative since March
Emerge ARK funds are still owed $4.7 million by manager
CIO Marc-André Lewis will become co-head of CI Global Asset Management as of Jan. 1
Regulator proposes bond market transparency reforms alongside simplified listing regime
Reforms aim to address challenges that arose during 2020 market stress
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