IOSCO tackles SPAC boom concerns
No one-size-fits-all solution to protect investors from shell-company risks
- By: James Langton
- May 10, 2023 May 10, 2023
- 15:31
Wealth management and individual insurance sales dropped at iA Financial
StatsCan reports record non-residential permit activity in March
Former Coinbase product manager tipped off planned asset listings
Man permanently banned; ordered to pay $300,000 in disgorgement, penalties and costs
Inflation, end to pandemic assistance drove decline in real incomes
Consumer prices rose by 0.4% from March to April, up by 4.9% from April 2022.
Judicial review not an "exceptional circumstance" justifying an adjournment, panel says
Receiver argues that institutional investors' consolidation motion is premature
A new paper on finfluencers examines the "wisdom of the anti-skilled crowd"
The lawsuit, initially filed in September 2010, was set to go to trial next month
As threats increase, cybersecurity companies could become the tech world’s utilities
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