SEC alleges spectacular stablecoin collapse was fraud
The Terra, LUNA crypto ecosystem was built on deception, regulators allege
- By: James Langton
- February 17, 2023 February 17, 2023
- 14:31
The Terra, LUNA crypto ecosystem was built on deception, regulators allege
Regulator sanctions Paul "The Truth" Pierce for touting tokens on Twitter
Mortgage debt growth slowed in 2022, credit card debt accelerated
TD, CIBC predicting 6.2% and 6.4% respectively for January Canadian inflation
Canadian investors trim foreign holdings for first time since financial crisis
There were shifts in Canada and the U.S. at a couple major firms
Here's the status of tax promises and proposals that matter to your clients
Final requirements to be released by end of Q2, take effect in 2024
Economic “distortions” result when inflation remains above 2% target
Companies breached duty of care to investors but not fiduciary duties, decision says
Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities
Lenders scammed out of millions with fake assets, financial statements
Tighter funding conditions are squeezing upstarts, benefiting traditional firms
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