Industry

U.S. economy

A U.S. recession that risks becoming the worst in 50 years is not the prediction 1,800 advisors wanted to hear from Martin Feldstein. But Feldstein, whose authority on U.S economic matters is matched by only a few, was not there to lift spirits. He was there to share what he observes, and for the short […]

By Mark Noble |April 15, 2008

4 min read

By The Book:

(April 15, 2008) The Mutual Fund Dealers Association released a new suitability guidelines notice to address member requests for more guidance in compliance matters. The report features both existing regulatory obligations as well as new guidelines, such as material changes to KYC information, suitability triggers and criteria for account and trade supervision. MFDA officials note […]

By Staff |April 15, 2008

1 min read

Briefly:

(April 14, 2008) Financial Executives International Canada told the Canadian government on Monday that new tax mechanisms are needed to improve the country’s economic value creators and domestic business climate. Talking to the House of Commons Standing Committee on Finance, FEI Canada president Michael Conway said it’s imperative that “Canada’s tax system supports and enhances […]

By Staff |April 14, 2008

2 min read

On The Shelf:

(April 14, 2008) Manulife Mutual Funds announced Monday that it was enhancing its lineup of mutual funds. The company is tacking a Series B on to its Monthly High Income Fund and making additions to its Series T and Elite Series funds. “Today’s announcement illustrates how Manulife Mutual Funds is continuously working to provide advisors […]

By Staff |April 14, 2008

1 min read