Sticky inflation could endanger the possibility of a rare ``soft landing''
Regulators fined firms a total US$549 million for record-keeping failures
Mackenzie is the latest entrant to a field that includes factor-based and active strategies
Proposals from the 2023 budget are out for consultation until Sept. 8
Leaders need to build a sense of community on their teams and ensure members feel valued
SRO to expand former MFDA project to all dealers in 2024
Core inflation is now higher than the headline rate
SEC orders massive award for tips that led to multiple enforcement actions
OSC sought fine but court ordered a suspended sentence
Average hourly wages rose faster than expected and will likely worry the Fed
Wage growth rebounded in July, rising 5% year over year
The firm's latest earnings showed client assets growing in its wealth management division
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