Industry News

Decorative pattern

Derek’s test

Testing Paragraph

By Staff |February 1, 2005

1 min read

Decorative pattern

Aging entrepreneurs need transition plan

(February 1, 2005) While most financial advisors are already aware of the impending intergenerational transfer of wealth in a general sense, a new study by CIBC finds a new wrinkle in this massive shift of economic power. Within the next five years, half a million small business owners will retire, resulting in the transfer of […]

By Steven Lamb |February 1, 2005

3 min read

Decorative pattern

Complaints against IDA decline in 2004 but penalties skyrocket

(February 1, 2005) The IDA received significantly fewer client complaints in 2004, but levied much higher penalties, mostly due to last December’s huge market-timing settlements, which involved three large bank brokerages. The IDA released its annual report on complaints, enforcement and prosecutions last week. The brokerage industry association received about 1,200 complaints in calendar 2004, […]

By Doug Watt |February 1, 2005

2 min read

Decorative pattern

Briefly:

(February 4, 2005) Mackenzie Financial Corporation announced Charles Sims, former chief financial officer and head of sales at Franklin Resources, will join the company as president and chief executive officer, replacing Jim Hunter. Hunter, meanwhile, takes over the top spot as the company’s chair of the board of directors. Sims spent more than 15 years […]

By Staff |January 31, 2005

10 min read

Decorative pattern

Market improving for LSIFs, TD says

(January 31, 2005) Despite a recent rough patch, the outlook for labour-sponsored investment funds (LSIF) is improving, as the exit opportunities become more frequent and valuations more reasonable, according to a report from TD Waterhouse. Equity markets over the past few years have not been exactly conducive to exiting positions in the companies LSIFs invest […]

By Steven Lamb |January 31, 2005

2 min read

Decorative pattern

Mainstream seen moving beyond ethical investing

(January 31, 2005) The pieces of the puzzle are falling into place for mainstream investors to embrace some form of socially responsible investing. But it won’t be based on personal values or ethics, according to consultant Tim Gardener of Mercer Investment Consulting. “We’re not talking about tobacco, alcohol, gambling — indeed you could argue that […]

By Doug Watt |January 31, 2005

3 min read

Decorative pattern

RCMP head calls for more integrated policing

(January 28, 2005) Canada’s self-regulatory organizations need to cooperate better with law enforcement and integrate their systems to ensure public confidence in the capital markets, according to the head of the RCMP. “I believe that it has never been so important to take the time to analyze and assess both the impacts of and necessary […]

By Steven Lamb |January 28, 2005

2 min read

Decorative pattern

Stock regulator moving to electronic trade reporting

(January 28, 2005) Look on the bright side. Sure, the new Trade Reporting and Electronic Audit Trail Standards (TREATS) requirements that take effect in two years mean firms will have to send more data to regulators. But they’ll also make on-site audits less burdensome. “It will allow RS to do more work internally,” said Maureen […]

By Philip Porado |January 28, 2005

2 min read

Decorative pattern

Veteran fund manager resurfaces

(January 28, 2005) Veteran fund manager Bill Kanko is back in the investment game. His new firm, Black Creek Investment Management, was registered by the Ontario Securities Commission earlier this month. Newport Investment Counsel announced Friday that Black Creek has been appointed sub-advisor to the Newport International Equity Fund. Kanko has more than 20 years […]

By Doug Watt |January 28, 2005

2 min read

Decorative pattern

Compliance officers step out of the shadows

(January 27, 2005) The recent market timing settlements should serve as a wake-up call for the financial services industry and will make life more challenging for compliance officers, says the head of the IDA. Speaking at a conference on self-regulation on Thursday morning in Toronto, Joe Oliver conceded that it can often be difficult for […]

By Doug Watt |January 27, 2005

3 min read

← Previous 1 … 2,222 2,223 2,224 2,225 2,226 … 2,347 Next →