Industry

Borrowing client funds gets of $250,000 fine

A disciplinary hearing in the matter of Conrad Arthur Nunweiler concluded recently in Vancouver, British Columbia, before a three-person hearing panel of the MFDA's Pacific Regional Council.

By Staff |March 14, 2012

2 min read

Target date products take off in U.S.

It appears American investors are keen for target date funds (TDFs), as nearly one in four 401(k) plan participants invest solely in TDFs, according to Vanguard’s Target-Date Fund Adoption in 2011 report.

By Staff |March 14, 2012

2 min read

Clients urged to review statements

America’s SRO for brokers is urging investors to review their account statements, in an effort to make clients more aware of errors or misconduct by brokers or firms, including transgressions such as unauthorized trading or overcharging customers for handling transactions.

March 14, 2012

2 min read

Desjardins Financial Security profits up 13.5%

Desjardins Financial Security (DFS), a subsidiary of Desjardins Group, recorded profits of $225.5 million for 2011, posting a year-over-year increase of 13.5%.

By Staff |March 14, 2012

1 min read