SEC seeks “skin in the game” for securitizations
New asset-backed securities proposal would implement a key post-crisis reform
- By: James Langton
- January 25, 2023 January 25, 2023
- 16:20
New asset-backed securities proposal would implement a key post-crisis reform
British regulator calls out industry ahead of July 31 deadline for new standards
Strong investor recoveries expected to continue in the year ahead
Pandemic-era deposits intact, likely to persist amid diminished confidence
Wage-price spiral risk down, inflation forecast to fall to 2% by 2024
Pressures include provinces’ healthcare funding requests
FAIR Canada research finds investors worry about fees and suitability, and have low faith in regulatory protections
A court dismissed the proposed suit involving hospital workers selling new mothers' contact information to RESP dealer reps
The proposed guidance is out for comment until March 31
KPMG sees slowdown for VC investment in 2023
Payouts to stay flat as companies face rising recession risk
The head of iA Private Wealth takes over from Sean O’Brien
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