Industry

Credential launches self-clearing model

Credential Securities, wholly-owned subsidiary of Credential Financial Inc., has become a self-clearing IIROC brokerage firm. This includes the company’s online brokerage, Credential Direct. “In today’s evolving marketplace, our partners’ wealth management services have increased in sophistication and continuing to innovate to meet their needs is our priority,” said Doce Tomic, president and CEO, Credential. “Self-clearing […]

By Staff |January 17, 2013

1 min read

U.S. downgrade could mean gold spike

With a U.S. credit rating downgrade likely, a spike in gold investment – and prices – may be around the corner, reports ft.com.

By Staff |January 17, 2013

1 min read

Sell mutual funds? CSA may not grant AR registration

The CSA has issued a staff notice detailing why it accepts or rejects applications to become Advising Representatives (ARs) or Associate Advising Representatives (AARs).

By Melissa Shin |January 17, 2013

2 min read

U.S. economy experiences moderate growth

Economic activity in the U.S. is expanding, reports the latest Federal Reserve Beige Book, suggesting the country has been able to endure fiscal cliff uncertainty. All 12 Federal Reserve Districts characterized the pace of growth as either modest or moderate in December. Read: Fiscal cliff FAQ Trends in wages, prices, and employment conditions were relatively […]

By Staff |January 17, 2013

1 min read