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OSC reaches mixed verdict in complex insider trading case

Allegations involved trading ahead of a planned acquisition by Amaya Gaming


National Bank reports Q2 profit up from year ago, raises dividend

The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago

Financial data on a monitor—Stock market data on LED

Circuit breakers helped volatile markets chill

Research published by the World Federation of Exchanges finds stressed markets in March 2020 were calmed by trading halts

Financial District of London and the Tower Bridge

FCA aims to boost listings

Regulator launches new consultation on reforms to enhance public markets

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Industry moves this week

Across the industry, there were retirement announcements and an advisor move

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FCAC finds big banks make ‘inappropriate’ product recommendations

Mystery shopping exercise finds consumers felt good despite banks’ poor sales practices

CIBC building downtown Toronto

CIBC reports Q2 profit down from year ago, wealth management profit up 20%

CIBC's Canadian commercial banking and wealth management business earned $480 million for the quarter


OSC panel dismisses fund rep’s insider trading allegation

Tribunal rejects circumstantial case, concluding trades are suspicious but not clearly offside

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OSFI proposes climate risk guidance

The regulator plans to phase in mandatory TCFD disclosure requirements

Toronto skyline in financial district

RBC’s McKay says “50/50” chance of recession as it reports revenue dip, earnings up

Net income for the bank's wealth management division increased to $750 million compared with $683 million a year ago


AUM up 3.5% at TD Bank

Assets under management in Canadian retail were $411 billion as of April 30, up from $397 billion at the end of Q2 2021

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SEC proposes anti-greenwashing fund reforms

Proposals to enhance disclosure to fund investors out for 60-day comment period

Federal reserve building, Washington DC. USA.

Federal Reserve officials signal rates may head to “restrictive” levels

Meeting minutes suggest half-point increases may be appropriate ahead


New CEO for Manulife Canada

Naveed Irshad will succeed Michael Doughty

  • By: Staff
  • May 25, 2022 May 25, 2022
  • 14:04

Broker sanctioned over meme stock misdirection

Firm deceived investors about trading halt, SEC alleges

Background of Canadian money: 5,10,20,50,100 dollar bills and coins, loonie, toonie, quarter, dime, nickel, penny

Scotiabank reports profits up on loan growth, higher interest margins

Global wealth management earnings grew 9%

calculating numbers for income tax return with glasses pen and calculator

BMO reports profit up as loan growth continues, expenses also creep higher

Wealth management income was down in the quarter

SEC sanctions mutual fund greenwashing

Fund manager pays US$1.5 million to settle allegations involving ESG disclosure

union jack national flag of the united kingdom (uk)

U.K. regulators ponder post-pandemic reforms for money markets

The FCA is seeking changes to address liquidity concerns revealed in March 2020

Securities trending down

Mutual fund, ETF assets take a hit from rough markets

Mutual funds saw net redemptions in April while ETF sales stayed positive, IFIC reported

Financial data on a monitor—Stock market data on LED

NASAA targets deadbeat brokers

Model rule, if implemented by regulators, would add enforcement teeth to arb awards, sanctions

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Industry moves this week

A roundup of the latest advisor and executive moves

G7 gives thumbs up to ISSB disclosure standards plan

Pursuit of global climate standards needs industry, policymaker participation


Former rep fined, banned for misappropriated client money

MFDA alleged over $300,000 was taken through early GIC redemptions, withdrawals