CIRO publishes revisions to proposed derivatives conduct rules
Comment period ends Aug. 14
- By: IE Staff
- July 13, 2023 July 13, 2023
- 13:12
Comment period ends Aug. 14
Office attendance in major global cities is still 30% lower than in 2019, report says
The case began when two U.S.-born women living in Canada contested the legislation
Prices were highest in Vancouver, Burnaby
Clients can see annuities as an attractive alternative to managing their own retirement investments
New rules increase minimum liquidity requirements and prohibit "gates"
The central bank raised its key lending rate to 5% on Wednesday
Premiers ask for dedicated meeting with the prime minister to discuss options
Dampened demand expected to lead to price declines
Central bank says British households face higher debt burdens but banks are in better position to help than they were 15 years ago
Inflation rate falls to an annualized rate of 3% in June with easing prices for gasoline, airline fares, used cars and groceries
Bank says rate hike to 5% was prompted by elevated demand, driven by strong consumer spending
Advisors will need to consider whether to report transactions even if they're not required to
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