PACE Securities CEO faces temporary ban after IIROC settlement
The settlement follows the firm's liquidation last year
Latest news in Industry News
Not all banks are cutting new purchases of third-party funds
CWB and Meridian will continue to offer outside products
- By: Katie Keir
- September 16, 2021 September 16, 2021
- 16:35
Federal Reserve reviews ethics policies after prolific trading uncovered
Two regional Fed presidents traded excessively last year
- By: Christopher Rugaber, The Associated Press
- September 16, 2021 September 16, 2021
- 14:17
Prosper Canada launches service to help financially vulnerable Canadians
The new portal offers free tools, tips and worksheets
- By: Staff
- September 16, 2021 September 16, 2021
- 12:47
OSC grants critical benchmark status to CDOR
Regulatory oversight for benchmarks comes in response to the LIBOR scandal
- By: James Langton
- September 16, 2021 September 16, 2021
- 12:27
Wealthscope partners with ESG data company
The partnership allows the fintech to add ESG scores to its portfolio analytics
- By: Staff
- September 16, 2021 September 16, 2021
- 12:12
U.S.-based Focus Financial acquires Cardinal Point
Cardinal Point offers cross-border wealth planning services to HNW clients
- By: Rudy Mezzetta
- September 16, 2021 September 16, 2021
- 12:02
Maritime regulators kick off diversity discussion
The NSSC and FCNB published a consultation paper on possible governance reform
- By: James Langton
- September 16, 2021 September 16, 2021
- 10:44
New survey sheds light on diversity in sustainability
Only half of respondents felt as though organizations had turned words into action on equality, diversity and inclusion strategies
- By: Maddie Johnson
- September 16, 2021 September 15, 2021
- 00:01
SEC whistleblower payouts top US$1-billion mark
Agency pays near-record US$110 million to tipster
- By: James Langton
- September 15, 2021 September 15, 2021
- 16:06
FAIR Canada blasts banks for trimming shelves
The advocacy group calls for action to preserve competition and protect investors
- By: James Langton
- September 15, 2021 September 15, 2021
- 15:24
U.K. regulator to combat unsuitable investments, fraud
The Financial Conduct Authority unveiled a three-year strategy to address investor harms
- By: James Langton
- September 15, 2021 September 15, 2021
- 14:30
Trailer-fee class action can proceed as court denies leave
An Ontario court rejected a motion to appeal the certification decision in a BMO funds case
- By: James Langton
- September 15, 2021 September 15, 2021
- 14:11
More than half of pension assets in foreign holdings: StatsCan
Agency unveils results of revamped pension survey for Q1
- By: James Langton
- September 15, 2021 September 15, 2021
- 14:00
CI Financial to open U.S. headquarters in Miami
Toronto-based firm has acquired or made deals for 21 U.S. wealth firms since last year
- By: Rudy Mezzetta
- September 15, 2021 September 15, 2021
- 13:37
Cary List receives lifetime achievement award in financial planning
FP Canada honoured the former president and CEO for his contributions to the profession
- By: Staff
- September 15, 2021 September 15, 2021
- 12:49
Fitch launches ESG ratings products
The firm aims to eventually cover the fixed-income investable universe
- By: Staff
- September 15, 2021 September 15, 2021
- 12:02
Banks’ shrinking shelves no surprise to regulators, industry
Loss of third-party fund distribution seen as “unintended consequence” in 2018
- By: James Langton
- September 14, 2021 September 14, 2021
- 17:04
Banks face growing digital threat: Moody’s
Fintech, big tech and crypto may diminish the role of traditional banks
- By: James Langton
- September 14, 2021 September 14, 2021
- 17:01
Equitable Life makes changes to executive leadership team
Two executives are retiring at the end of the year
- By: Staff
- September 14, 2021 September 14, 2021
- 13:31
CI Financial buys US$5.2-billion Portola Partners
The Silicon Valley-based wealth manager serves wealthy families and tech entrepreneurs
- By: Rudy Mezzetta
- September 14, 2021 September 14, 2021
- 13:05
Pricing natural assets to preserve them
NYSE seeks to list novel asset class that captures the value of natural assets
- By: James Langton
- September 14, 2021 September 14, 2021
- 12:19
Kathrin Forrest joins Capital Group
The Sun Life veteran will support the firm’s wealth management and institutional retirement businesses
- By: Staff
- September 14, 2021 September 14, 2021
- 11:35
Purpose Investments expands structured product offering
The new fund is available in two mutual fund versions
- By: Staff
- September 14, 2021 September 14, 2021
- 11:28
Carlos Desierto joins PenderFund as president
Desierto was previously a managing director at Manulife Investment Management
- By: Staff
- September 14, 2021 September 14, 2021
- 11:13