Latest news in Industry News

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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

File

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
rockets launching

What’s new from fund manufacturers

New products offer income from options trading, dividends from utilities, one-stop shopping for liquid alts

Sir Oliver Mowat statue at the Ontario Legislative Building in Toronto

Advocacy groups slam Ontario on advisor education

Groups laud Saskatchewan's interest in higher standards

  • By: Staff
  • September 22, 2022 September 22, 2022
  • 13:50
Magnifying glass highlighting investment stock quotes in business section of newspaper.

CSA reviewing distribution arrangements for proprietary funds

Mutual fund sales practices face fresh scrutiny

Gas flaring. Torch against the sky.

A long way to go to insurers’ net zero

Report highlights size of portfolio decarbonization challenge

scales of justice

Planned insider trades can still be illegal: SEC

Tech execs established insider selling plan knowing bad news was coming, regulator said

Businesspeople Have a Meeting in Broker Agency City Office.

NASAA touts U.S. state enforcement efforts

Local regulators opened thousands of investigations, handed down millions in sanctions

EU flags waving in front of European Parliament building. Brussels, Belgium

Bank regulators resist joining climate fight

Using capital rules to combat global warming could hamper Europe's energy crisis response, Fitch says

Plant a seedling today - environment and education concept with old and young hands protecting a nursling

TD forms carbon advisory unit

Services include carbon offset advice

  • By: Staff
  • September 21, 2022 September 21, 2022
  • 12:58
MYKYTA DOLMATOV / ISTOCKPHOTO; ICONS: 123RF STOCK PHOTO

Paid social media posts result in BCSC sanctions

Earlier this year, the regulator settled with other clients of the same marketing firm for similar allegations

couple saving money together

Financial pressure mounting for Canadians, study shows

Rising prices are cutting into retirement contributions

Business team working together. Businessman using tablet for analyzing data stock market in monitoring room with team pointing on the data presented in the chart on screen, forex trading graph, stock exchange trading online, financial investment concept.

Morgan Stanley client info on auctioned devices: SEC

The firm agreed to pay US$35 million to settle privacy violation allegations

Regulators aim to help brokers on leave stay qualified

Model rules allow brokers to use continuing education to maintain status

Bitcoin, Litecoin and Ethereum

Nasdaq launches crypto custody service

The digital assets service responds to demand from institutional investors, the company said

magnifier and graph, basic tools of technical analysis on the stock market.

For fund benchmarks, two or none is better than one

U.S. research finds that benchmarks matter in fund performance reporting

Royal Bank of Canada storefront sign in a Downtown rural sreet of small town Canadian city of Brighton near Pesquile Lake Provincial Park in the summer cloudy and sunny day stock photo

Canadian banks look to newcomers as key source of client growth

Banks are building trust by becoming general resources for clients

Lawyer writing in legal book

Rep sanctioned after ignoring clients’ red flags

Disregarding signs of suspicious trading amounts to failed gatekeeper responsibilities, settlement says

Tree Flat icon set

Europe’s central bank to use climate scores as it buys bonds

The central bank is taking the step to support the European Union's climate goals

Stock Quotes as graphs and tables with magnifier and calculator in panoramic format

CFRs lead to more KYP scrutiny

Significant product changes offer opportunities to engage clients, get to know them better and address suitability

Lawyer writing in legal book

As new SRO looms, costs rise

Fees, expenses surging ahead of IIROC-MFDA amalgamation