Industry

BMO Harris portfolio to focus on U.S.

BMO Harris Investment Management is seeking regulatory approval to change the investment objective of its International Special Equity Portfolio. The portfolio’s current objective is to achieve long-term growth by primarily investing in small- and mid-sized companies internationally. The manager has determined, however, that there are limited opportunities available for a mandate investing in these companies. […]

By Staff |July 10, 2012

1 min read

Brit to make first trade in Space

One Briton is betting on astronomical returns.

By Staff |July 10, 2012

1 min read

U.S. brokerage loses $200 million; owner attempts suicide

A regulatory group ordered accounts frozen at Iowa-based brokerage Peregrine Financial Group late Monday, saying it hasn't been able to account for $220 million in customer funds, following what the company said was a suicide attempt by its founder and chairman.

By Wire services |July 10, 2012

2 min read

Two jailed for boiler room scheme

Maitland Capital allegedly operated a boiler room scheme from two locations in Toronto; the company raised approximately $5.5 million through sales to 1200 investors. Two have been jailed, several disgorged and the company faces $1 million in fines.

By Staff |July 10, 2012

3 min read