Industry News

Industry

Fund firms ‘negligent’ in market-timing case: court

Companies breached duty of care to investors but not fiduciary duties, decision says

By James Langton |February 16, 2023

3 min read

Industry

FSB calls for action on DeFi

Sector faces all the risks of traditional finance, amplified by its own inherent vulnerabilities

By James Langton |February 16, 2023

3 min read

Industry

Ex-trader admits fraud in Ponzi loan scheme

Lenders scammed out of millions with fake assets, financial statements

By James Langton |February 16, 2023

1 min read

Industry

Fintechs fall to financial pressures

Tighter funding conditions are squeezing upstarts, benefiting traditional firms

By James Langton |February 16, 2023

2 min read

Industry

Stablecoins need real regulation to pay off: C.D. Howe

Report recommends leveraging existing framework to enable crypto to deliver benefits as a payment mechanism

By James Langton |February 16, 2023

2 min read

Industry

Oppose Canada’s “xenophobic” foreign property tax, U.S. critics urge Biden admin

Canadian UHT “unnecessary burden,” offside USMCA: Congress member

By James McCarten, The Canadian Press |February 16, 2023

4 min read

Industry

Manulife net income slips in Q4 but up for 2022 as a whole

AUM dropped 5.9%, net outflows in retail wealth management were $1.6 billion year over year

By Staff, with files from The Canadian Press |February 16, 2023

2 min read

Industry

Crypto in the crosshairs of SEC custody proposals

Rule changes would extend advisers' obligations to all client assets

By James Langton |February 15, 2023

3 min read

Industry

IA Financial Group aiming for dual-registered “one wealth” strategy

Wealth leader Stephan Bourbonnais wants the iA businesses to lead the way in the new self-regulatory regime

By Katie Keir |February 15, 2023

4 min read

Industry

Fitch adding climate scores to credit ratings

Transition risk, rather than physical risk, will be the focus

By Staff |February 15, 2023

1 min read

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