Fragasso's resignation comes in the wake of AMF investigation of Norbourg
Regulator orders fund manager to cease business
AMF will seek public consultation on distribution, consumer issues
Minister of Finance Ralph Goodale today announced the appointment of Tom Rice to the board of directors of the Bank of Canada.Rice is the founder of Rice Financial Group and Rice Capital Management — now Winnipeg-basedJovian Capital Corp., of which he is the Chairman. Jovian has interests in a number of financial services and wealth […]
Trading in firm’s shares halted June 20
Investor protection a primary concern, regulator says
Concentration of business cause for concern
Regulators to share information
Submissions open until April 30
Retail investors who feel forgotten or ignored by securities industry enforcers are about to see some changes. Regulators plan to crack down on small-investor exploitation, abusive sales practices, inadequate disclosure and even mutual fund management expense ratios.Small investors are not usually high on the securities commissions’ list of enforcement priorities. Scarce resources and a mandate […]