U.S. regulators unveil bank capital reform proposal
Securities industry association expresses concerns with planned changes
- By: James Langton
- July 27, 2023 July 27, 2023
- 16:37
Securities industry association expresses concerns with planned changes
Trio was recognized with award of merit
Report on industry conflicts to be published soon with CSA, CIRO
BCSC orders eight-year ban, alongside $60,000 penalty
At issue is the financing of fossil fuel expansion projects
The ninth straight increase aims to stamp out painfully high inflation
A burst of business investment drove last quarter's surprising GDP figure
Here's how certain trends may play out
Marketing company gets first-ever penalty for deficient advertorial disclosure
Only about one-third of Canadians said they would use CBDCs, according to a CFA Institute survey
The rule encompasses third-party apps
Former immigration minister takes on expanded housing portfolio that includes infrastructure and communities
Proposed rules would require firms to identify and combat conflicts built into technologies
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