Jean-Philippe Lemay explains why the firm added close to 80 years of industry experience with three key additions
IIROC has fined two former dealers a combined $2.5 million and permanently banned them for selling inappropriate products and acting against the interest of clients.
Although the Quebec and Alberta governments remain the biggest hurdles to a national securities regulator, advisors in the two provinces see advantages.
TD Bank will pay $52.5 million to settle US regulators' allegations that it failed to report suspicious activity in bank accounts tied to a $1.2 billion Ponzi scheme and lied to the investors.
Ontario’s attorney general is trumpeting the recovery of $17m for victims of a Ponzi scheme as the largest ever recovery under the province’s civil forfeiture law.
A former Hollinger executive has reached a settlement agreement with the OSC
Canadians are most likely to make portfolio decisions based on in-person tips by financial experts, a survey reveals, but major banks are betting that some customers may be better served by algorithm-based virtual advisors.
The Venture Capital Markets Association has unleashed a broadside at current regulators and industry groups, particularly IIROC, while coming out in strong support of the proposed national regulator.
A new magazine will arrive on the Canadian wealth management landscape next month, bringing a new and fresh voice and a heightened sense of focus on the needs and desires of advisors.
Handing down a $200k charge to a seasoned investor and chairman of a major public company, the OSC said the more sophisticated a market participant is, the more responsibility they must bear.
Another global major has reportedly been seeking to exit the Canadian wealth management business – following the route of the UK’s HSBC and Australia’s Macquarie. Why is Canada such hostile territory for foreign players?