Industry News

Decorative pattern

SROs issue warning on privacy legislation

(December 3, 2003) Advisors under the jurisdiction of a self-regulatory organization (SRO) — such as the IDA or the MFDA — could be subject to disciplinary proceedings if they don’t fulfill their obligations under the federal government’s new privacy legislation. The warning came today in a joint regulatory notice on privacy issued by the IDA, […]

By Doug Watt |December 3, 2003

3 min read

Decorative pattern

China: Is it ready for prime-time investment?

(December 2, 2003) Investing in China is fraught with risk, but the country’s spectacular growth and enormous potential make it impossible to ignore, experts say. “China has become an increasingly important player on the world stage and it’s incumbent on us as professionals to think carefully about how China is going to affect the investing […]

By Doug Watt |December 2, 2003

3 min read

Decorative pattern

Briefly:

(December 5, 2003) Manulife Mutual Funds today announced the termination of the Elliott & Page Canadian Alphametrics Fund and the Elliott & Page U.S. Alphametrics Fund. In a statement, Manulife said the decision was taken in consultation with the funds’ sole institutional investor. The funds, which will be closed effective December 15, had combined assets […]

By Staff |December 1, 2003

4 min read

Decorative pattern

Advisor’s Edge hails industry’s unsung heroes

(December 1, 2003) They’re the backbone of the industry, the advisors who quietly build a strong relationship with their clients through superior service. They might not seek fame, but sometimes it finds them. The cover story for the December issue of Advisor’s Edge is entitled “Unsung heroes,” referring to five dedicated advisors who have earned […]

By Steven Lamb |December 1, 2003

3 min read

Decorative pattern

Fund scandals will lead to regulatory changes, says CI president

(December 1, 2003) The head of one of the country’s largest mutual fund companies says there’s no need for the Canadian industry to defend itself in the wake of a series of fund scandals in the U.S. However, CI Funds president Bill Holland admits the scandals will likely lead to some regulatory changes. “I think […]

By Doug Watt |December 1, 2003

2 min read

Decorative pattern

Assante, Ontario regulator settle in out-of-province case

(November 28, 2003) Assante Financial Management has settled with the Ontario Securities Commission (OSC), over charges the firm had allowed advisors to represent clients in Ontario without proper registration. Under the settlement, Assante must hire an auditor to review its “policies, procedures and internal controls regarding out-of-province trading” with a report due within 90 days […]

By Steven Lamb |November 28, 2003

2 min read

Decorative pattern

Ottawa announces new capital market police force

(November 28, 2003) In an effort to tackle high-level capital market fraud, federal Solicitor General Wayne Easter has announced the launch of Canada’s first integrated market enforcement teams, run by the RCMP. RCMP officers will work with lawyers and other experts in Canada’s financial centres, investigating cases of serious securities fraud and market irregularities, such […]

By Doug Watt |November 28, 2003

3 min read

Decorative pattern

IRS backtracks on RRSP, RRIF rules

(November 28, 2003) The U.S. Internal Revenue Service has changed course on filing requirements for RRSP and RRIF account holders living in America and Americans living in Canada, stating that it will not require the submission of two complicated tax forms. The IRS had announced in the spring it was clamping down on offshore trusts, […]

By Steven Lamb |November 28, 2003

2 min read

Decorative pattern

Diversification Made Easy

Single-Ticket Solutions to Simplify this RSP Season For every segment of your book, investing in Bissett Canadian Balanced Fund or any of our six Quotential Portfolios can provide long-term diversification benefits with the convenience of a single-ticket trade. Sample tools to use with your clients Direct Mail Letter Sales Tool Postcard Your one-ticket solution for […]

By Staff |November 27, 2003

1 min read

Decorative pattern

Income fund group responds to CSA guidelines

(November 27, 2003) The Canadian Association of Income Funds (CAIF) has submitted its commentary to the Canadian Securities Administrators (CSA) on the proposed National Instrument 41-201 (Income Trusts and Other Indirect Offerings). CAIF says it welcomes the national instrument as a means of encouraging growth in the income fund sector, but requests the following changes […]

By Steven Lamb |November 27, 2003

2 min read

← Previous 1 … 2,129 2,130 2,131 2,132 2,133 … 2,188 Next →