IOSCO drops final crypto sector recommendations
Umbrella group aims to establish minimum global standards for sector
- By: James Langton
- November 16, 2023 November 16, 2023
- 13:39
Umbrella group aims to establish minimum global standards for sector
Lack of consensus on possible reforms sends regulators back to study the issues
Ontario's Capital Markets Tribunal found the firm defrauded investors by diverting funds
Deal will allow Manulife to expand its credit offering with new strategies
Cannabis companies involved in failed joint venture settle suits
Seniors living longer may reduce the need for downsizing
The national average home price rose 1.8% year-over-year to $656,625
The figures reflect a slowdown in consumers' willingness to spend after a blowout summer
Whistleblower tips and rewards continue to climb
Auto sector leads gain in wholesale activity as inventories shrink
Other developments this week include cuts at Manulife and several advisor team moves
Inflation forcing some clients to withdraw assets to meet needs
Tribunal rules that misconduct involved securities
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