Industry

Restitution available to abused investors, town hall told

(June 1, 2005) Canada does have an effective restitution process for investors who have been harmed by brokers or financial firms, regulators say. The Ontario Securities Commission held an investor town hall in Toronto on Tuesday night, which attracted more than 400 people. It may be little-known to most retail investors, but the Ombudsman for […]

By Doug Watt |June 1, 2005

2 min read

Advisors asked to participate in privacy law review

(June 1, 2005) Most advisors now are aware, at least, that privacy and the way they collect and protect personal client information is covered by legislation like the Personal Information Protection and Electronic Documents Act (PIPEDA). Those who understand the rules however say there are still quite a few inconsistencies and “holes you could drive […]

By Kate McCaffery |June 1, 2005

2 min read

Advisors urged to brush up on demographics

(May 31, 2005) Changing demographics will have a long-term effect on the practices of financial advisors, experts say, and must be properly understood for professional survival. Demographics are “…one of the more important aspects of retirement planning,” argued Carl Haub, senior demographer at the Washington, D.C.-based Population Research Bureau during a recent National Press Foundation […]

By Al Emid |May 31, 2005

3 min read

Independent prosecutor to review Crocus

(May 31, 2005) The Manitoba government has appointed an independent prosecutor to review the Crocus Investment Fund in the wake of a scathing report from the province’s auditor general. The report, released late Monday, confirms that there were “serious weaknesses” in the Winnipeg-based labour-sponsored fund’s operations, according to auditor general Jon Singleton. Between September 2004 […]

By Doug Watt |May 31, 2005

3 min read