Crypto hacking hits record in 2022
Decentralized finance protocols were the top target of crypto thefts
Latest news in Industry News
Industry moves this week
Several changes occurred across asset management and wealth management
- By: Staff
- February 2, 2023 February 3, 2023
- 15:49
New SRO proposes payback for harmed investors
The proposal would allow for disgorged funds to be paid out to victims of industry misconduct
- By: James Langton
- February 1, 2023 February 1, 2023
- 16:16
What’s new from fund manufacturers
New products include target-date RESP funds, covered calls and high-interest savings
- By: Greg Meckbach
- February 1, 2023 February 2, 2023
- 15:41
Tribunal dismisses Bridging CCO’s bid for expedited hearing
No simple way to separate allegations against the failed firm’s former execs
- By: James Langton
- February 1, 2023 February 1, 2023
- 14:39
More than 100 organizations sign CFA Institute diversity code
Asset managers representing US$11.2 trillion in AUM have signed the code
- By: Staff
- February 1, 2023 February 1, 2023
- 11:14
Canadian pension returns down 10.3% in 2022: RBC
Equities bounced back but fixed income remained weak amid restrictive monetary policy
- By: Maddie Johnson
- February 1, 2023 February 1, 2023
- 11:09
WCM’s Return to Bay Street program opens applications
The program to reintegrate experienced women into the financial industry has three hiring cycles this year
- By: Staff
- February 1, 2023 February 1, 2023
- 10:35
Canaccord Genuity buying Mercer’s Canadian private wealth business
The deal comes as Canaccord's management looks to take the firm private
- By: Staff, with files from The Canadian Press
- February 1, 2023 February 1, 2023
- 10:06
Crypto schemer gets five years in jail
Former promoter sentenced after pleading guilty to conspiracy charge
- By: James Langton
- January 31, 2023 January 31, 2023
- 16:37
IOSCO seeks tougher commodity derivative oversight
Regulators issue revised principles for regulation, supervision of commodity derivatives
- By: James Langton
- January 31, 2023 January 31, 2023
- 16:02
Tribunal allows witness to testify in U.S. case
OSC staff opposed order, amid concerns it could undermine Ontario court's authority to deal with foreign court requests
- By: James Langton
- January 31, 2023 January 31, 2023
- 15:17
CIFSC releases inaugural list of Canadian responsible investing funds
Nearly 400 funds have been classified under six responsible investing categories
- By: Melissa Shin
- January 31, 2023 January 31, 2023
- 15:00
Victim can sue bank over fraudulent transfer, B.C. court rules
The bank may have had a duty to warn the customer about a scheme
- By: James Langton
- January 30, 2023 January 30, 2023
- 16:53
Firms falling short of ‘best interest’ standards: SEC
Regulator's reviews uncover shortcomings in brokers' Reg BI compliance
- By: James Langton
- January 30, 2023 January 30, 2023
- 15:23
WCM awards 18 executive leaders
The award recipients will receive six months of individual executive coaching
- By: Staff
- January 30, 2023 January 30, 2023
- 11:06
Active management still the money maker
Pricier active funds to produce bulk of revenues even as asset share erodes, ISS reports
- By: James Langton
- January 27, 2023 January 27, 2023
- 15:47
Court finds murdered man’s life policy was valid, again
Desjardins' appeal rejected as insurer failed to prove fraud on life application
- By: James Langton
- January 27, 2023 January 27, 2023
- 14:54
Industry moves this week
Top-level shifts were announced at several major firms, including National Bank Financial, iA Financial Group and RBC Insurance
- By: Katie Keir
- January 27, 2023 January 27, 2023
- 14:38
62 fundcos receive FundGrade A+ awards for 2022
Three fund managers were lauded for the first time since the awards began
- By: Staff
- January 27, 2023 January 27, 2023
- 10:26
National Bank’s head of wealth management to retire
Denis Girouard will step in for Martin Gagnon until a successor is named
- By: Staff
- January 26, 2023 January 26, 2023
- 11:53
Banks’ ratings stable but finances face pressure: Fitch
Amid growing challenges, Canadian banks still well positioned to absorb headwinds
- By: James Langton
- January 25, 2023 January 25, 2023
- 17:20
SEC seeks “skin in the game” for securitizations
New asset-backed securities proposal would implement a key post-crisis reform
- By: James Langton
- January 25, 2023 January 25, 2023
- 16:20
Firms’ work on new consumer duty falling short: FCA
British regulator calls out industry ahead of July 31 deadline for new standards
- By: James Langton
- January 25, 2023 January 25, 2023
- 15:02
Investors in “uneasy relationship” with advisors, study shows
FAIR Canada research finds investors worry about fees and suitability, and aren't confident in regulatory protections
- By: Staff
- January 24, 2023 January 24, 2023
- 17:26