Industry

Supervisory lapse costs $25,000 fine

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Randall Glen Bergh. With this agreement Bergh admits to failing to adequately perform his supervisory duties. Bergh has agreed to a penalty of a $22,000 fine and $3,000 in costs. The penalty […]

By Staff |June 13, 2011

1 min read

IIROC levies $10,000 fine for client pay-off

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has imposed a $10,000 fine against Bryan Dale Claggett. The penalty decision follows the panel’s earlier decision, dated April 4, 2011, which found that Claggett violated an IIROC rule when, without his firm’s knowledge, he attempted to settle a client complaint by paying […]

By Staff |June 13, 2011

1 min read

Rethinking asset allocation

One of the casualties of the market meltdown was the confidence portfolio managers and investors had in traditional asset allocation models. At this year’s Canada Cup of Investment in Toronto, Frank Nielsen, executive director and head of Equity and Applied Research (Americas) at MSCI, explained some emerging trends in portfolio construction. One strong trend is […]

By Dean DiSpalatro |June 13, 2011

3 min read

Advisor Group editor wins two awards

Yves Bonneau, executive editor of Conseiller, Conseiller.ca, Assurance and Avantages, took home two Kenneth R. Wilson awards for excellence in business journalism this week. The KRW prize is considered Canada’s most prestigious award for business-to-business publishing. Bonneau, who also co-hosted the ceremony, won both Gold and Silver prizes in the Best Editorial category for his […]

By Staff |June 10, 2011

1 min read