Industry

Decorative pattern

OSC to issue trade through release

(May 26, 2005) A concept paper on trade throughs will be issued by the Ontario Securities Commission (OSC) sometime this summer, assistant manager for market regulation Susan Greenglass told a recent compliance conference in Toronto. Release is tentatively set for late June or early July. She indicated the OSC is looking at the new National […]

By Philip Porado |May 26, 2005

3 min read

Decorative pattern

Investor advocate loses fight with IDA

(May 26, 2005) Former broker Robert Kyle has lost a long-running court battle against the IDA. In a decision released on Wednesday, the Ontario Superior Court of Justice dismissed all aspects of Kyle’s case, which essentially boiled down to the regulatory powers of the brokerage industry association. The case dates back to 1998, when Kyle […]

By Doug Watt |May 26, 2005

2 min read

Decorative pattern

Alberta takes on the big banks

(May 25, 2005) The Alberta Insurance Council is prepared to go to the country’s highest court to defend its position that anyone selling insurance products should be licensed by the province. The case involves group insurance and dates back to 2001, when Alberta’s Insurance Act was re-written to amend the definition of an insurance agent […]

By Doug Watt |May 25, 2005

2 min read

Decorative pattern

Briefly:

(May 27, 2005) The U.S. Federal Reserve will likely raise its key overnight lending rate by another 25 basis points next month to 3.25%, says Scotia Economics. But after that, interest rates will likely remain on hold amid slower economic growth and higher inflation. “Core inflation should edge a bit higher from current levels,” says […]

By Staff |May 24, 2005

9 min read

Decorative pattern

OECD cuts economic growth outlook

(May 24, 2005) Economic growth among the world’s major industrialized countries will slow through the rest of this year, according to the Organization for Economic Co-operation and Development (OECD), which has cut its projections for global growth from 2.9% to 2.6%. The group predicts Canadian growth of 2.8% for 2005, rising to 3.1% in 2006. […]

By Steven Lamb |May 24, 2005

3 min read

Decorative pattern

Communication lessons from the employee benefits sector

(May 24, 2005) A new drug company survey reveals a number of interesting attitudes and opinions Canadians have about their public and private healthcare plans. The report will likely be most interesting to plan administrators who are trying to strike a fine balance of costs and coverage, but advisors could also benefit from some of […]

By Kate McCaffery |May 24, 2005

3 min read

Decorative pattern

MFDA progressing on member reviews

(May 24, 2005) We’re just making the rounds. So says MFDA vice president for compliance Karen McGuiness regarding her association’s promise to regulators that all member firms will be reviewed by December, 2005. “Some branches are worried we’re out on a witch hunt,” she says. “We’re not. If we find something that warrants referral to […]

By Philip Porado |May 24, 2005

4 min read

Decorative pattern

Advice for clients’ vacation dollars

(May 20, 2005) With the first summer holiday weekend upon us, many clients will be thinking about how to spend their vacation dollars. Travelling and buying vacation properties are two popular considerations that come up with the temperature. In both cases, there is a list of unique details to think about that will affect the […]

By Kate McCaffery |May 20, 2005

4 min read

Decorative pattern

Insurance agents told to prepare for disclosure

(May 20, 2005) Like it or not, regulations requiring full disclosure of compensation is coming to the insurance industry, according to a leading consultant. “If you look at the direction things are going in the U.S., what we really are entering is an environment where very likely commission disclosure is coming,” says Byren Innes, senior […]

By Staff |May 20, 2005

5 min read

Decorative pattern

Norshield suspended by Ontario regulator

(May 20, 2005) The Ontario Securities Commission has temporarily suspended Norshield Asset Management and imposed conditions against the Montreal-based hedge fund firm and its retail division, Olympus United Group. Norshield is the manager and advisor of a variety of hedge funds and alternative investment products offered across Canada by Olympus, the OSC said in a […]

By Doug Watt |May 20, 2005

2 min read

← Previous 1 … 1,998 1,999 2,000 2,001 2,002 … 2,143 Next →