Industry News

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Industry

Fund cost poll suggests Canadians need advice

A large number of Canadian investors appear oblivious to the costs associated with their mutual funds, according to a survey commissioned by ING DIRECT. The poll found that 45% of Canadians were unsure about the annual management expense they are pay on mutual funds. It should be noted, of course, that ING is a purveyor […]

By Steven Lamb |January 24, 2011

2 min read

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Economic Indicators

East leads West in equity outlook

Liquidity flows into emerging markets as the receding economic tide continues to expose the financial system of the developed world. From a macro-economic perspective, the U.S. and Europe are beset by low growth relative to the rest of the global market, said Jeffery Urbina, principal of William Blair & Company, a Chicago-based investment firm. “In […]

By Vikram Barhat |January 24, 2011

3 min read

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Industry

MFDA makes findings against Jones

A disciplinary hearing in the matter of Christopher Philip Jones was held today in Toronto, Ontario before a three-person hearing panel of the MFDA’s Central Regional Council. After hearing submissions from staff of the MFDA, the hearing panel found that the following allegations in the notice of hearing had been established: Allegation #1: Between February […]

By Staff |January 21, 2011

1 min read

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Industry

Bill Rice named new chair of CSA

The Canadian Securities Administrators (CSA) have appointed William S. Rice, Q.C., chair and chief executive officer of the Alberta Securities Commission, as the new chair of the CSA for a two-year term, ending March 31, 2013. “I am honoured to be chosen by my colleagues to lead the CSA and build on our work to […]

By Staff |January 21, 2011

1 min read