Advisor chargebacks need robust controls, regulators say
Insurance regulators promised new guidance on upfront compensation structures
- By: James Langton
- May 15, 2023 May 15, 2023
- 15:22
Insurance regulators promised new guidance on upfront compensation structures
Companies paying down debt also reduce their deposits and outstanding loans, according to CIBC
The year-over-year sales decline was markedly smaller than the drops reported in recent months
Inflation and U.S. bank turmoil still pose challenges
Former fund rep fined, banned by regulators for misappropriation
Crypto exchange confident it will “someday return” to Canada
Ahead of the proposed DSC ban for seg funds, a familiar refrain is in play
Rhys Mendes will become Bank of Canada deputy governor in July while Biden has made two Federal Reserve nominations
Best practices aim to address ETF sector's evolution over the past decade
SRO expels brokerage over widespread regulatory violations
Participating life helps drive Canadian insurance sales, but wealth sales drop 23%
Lawyers argue that all investors should be treated equally
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