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Cut purple ribbon

SRO reform a go after dealer vote

Fund dealers, investment dealers approve merger, with new SRO to launch in 2023

Federal Reserve Building

Federal Reserve plans climate scenario exercise with six U.S. banks

Pilot program in 2023 will test effects of climate risks on banks' businesses

Multiethnic couple considering investment real estate purchase consulting realtor, interracial family listening attentively to mortgage broker thinking of getting bank loan for buying new home house

Don’t wait for clients to ask about planning gaps

Aspirational planners need to take action for clients, Planworth’s James Fraser said at IAFP’s 2022 symposium

  • By: Katie Keir
  • September 29, 2022 September 29, 2022
  • 16:07
Wooden gavel used by a judge or auctioneer

SEC sanctions lazy audit effort

Deloitte's Chinese division had clients do some of their own audit work

Smoke emission from exhaust pipe of SUV car - concept of pollution

CIBC aims to cut emissions intensity from power portfolio by 32% by 2030

The target is a step toward net-zero emissions by 2050

golden steps leading up, made of stacks of dollar coins in increasing height

Rising costs rein in retirement savings

Canadians' personal finances have worsened, BDO survey suggests

  • By: Staff
  • September 29, 2022 September 29, 2022
  • 13:51
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AdvisorFlow enhances its digital platform

The fintech has partnered with Equisoft to accelerate collection of client data

  • By: Staff
  • September 29, 2022 September 29, 2022
  • 11:51
U.S. flag

U.S. Treasury moves forward with database on corporate ownership

The measure aims to combat illicit finance

close up, business man or lawyer accountant working on accounts using a calculator and writing on documents

Spain agrees on temporary wealth tax, hikes for big earners

The revenue will finance initiatives to help people with lower incomes, the government said

Entrance to the Financial Services Regulatory Authority of Ontario

Certain MGAs pay multiple life agents for a single sale, FSRA says

Draft Ontario MGA regulation coming in 2023 as a result of concerns found in FSRA's review


Asset risks take shine off rising rates for banks: Fitch

Canadian banks won't benefit as much as others from higher rates, report says

  • By: Staff
  • September 27, 2022 September 27, 2022
  • 14:55
people commuting to work

Industry moves this week

Wellington-Altus adds Todd Ferguson to leadership team

  • By: Katie Keir
  • September 27, 2022 September 27, 2022
  • 12:40
Important Business Meeting stock illustration

OSC seeks industry reps for advisory group

Registrant Advisory Committee calls for new members

  • By: Staff
  • September 27, 2022 September 27, 2022
  • 12:34
Stock Quotes as graphs and tables with magnifier and calculator in panoramic format

CSA seeks to modernize fund disclosure

Proposals would allow fund managers to post financial statements and management reports on designated websites

Close up business man signing contract making a deal, classic business

Harbourfront finalizes investment from U.S. private equity firm

The financing will be put toward expansion, the firm said

  • By: Staff
  • September 27, 2022 September 26, 2022
  • 08:00
stock market price abstract

TMX to close down fund platform

The exchange will shut down TSX NAVEx at the end of this year


Scotiabank CEO Brian Porter to retire

Scotia board member and Finning CEO Scott Thomson will take over next year

gavel on a wooden bench

ASC imposes large cost for dragging out regulatory hearing

Defence tactics in a crypto case ended in a costs award that far outweighed the sanctions

Two golden coins - Bitcoin and Ethereum

Coinsquare agrees to buy crypto trading provider

Simply Digital deal would build one of Canada's largest regulated platforms

Candle stick graph and bar chart of stock market investment

Mutual fund, ETF assets drop in August: IFIC

ETF sales stay positive, mutual fund redemptions moderate

Stack of cryptocurrencies in a circle on the motherboard

IRS seeks crypto tax cheats

Agency sees widespread tax evasion in crypto space

scales of justice

IT guy admits to insider trading hack

Insider trading ahead of Motley Fool stock picks netted millions in illegal profits


OSC to examine audit firms

Inquiry follows exam cheating scandal, other auditor misconduct

  • By: Staff
  • September 23, 2022 September 23, 2022
  • 14:50
Online vote

Dealers to vote Sept. 29 on fate of new SRO

Breaking down the issues as IIROC and MFDA firms prepare to have their say on the proposed merger

A man in a suit walking up concrete steps.

Industry moves this week

From leadership restructuring to the creation of a new role, it's a busy start to the fall

  • By: Katie Keir
  • September 22, 2022 September 22, 2022
  • 15:12