Industry

MFDA rep fined $125,000 and banned for not cooperating with investigation

Investigation involved potentially unethical business practices

By Staff |June 14, 2018

1 min read

Royal Mutual Funds to pay $1.1M settlement over sales practices

Dealer fined for paying higher commissions on certain funds

By Staff |June 14, 2018

2 min read

CSA seeks second round of comments on proposed derivatives rule

The Canadian Securities Administrators (CSA) is seeking a second round of comments on its proposed rule for a business conduct regime for regulating derivatives dealers and advisers. The Proposed National Instrument 93-101 Derivatives: Business Conduct and Proposed Companion Policy 93-101 CP Derivatives: Business Conduct would establish a business conduct regime for regulating dealers and advisers […]

By Staff |June 14, 2018

1 min read

How to help senior clients avoid investment scams

Senior clients are more likely than younger clients to be approached by scam artists offering phony investments. That finding comes from the Alberta Securities Commission’s latest investor index study. The study finds that more than one-third of older Albertans (36%) report having been approached with a potentially fraudulent investment—higher than the average approach rate for […]

By Staff |June 13, 2018

2 min read