Industry

OSC appoints new executive director, CAO

The Ontario Securities Commission (OSC) announced today the appointment of Maureen Jensen as the commission’s executive director and chief administrative officer. Jensen, who is currently senior vice-president, surveillance and compliance, with the Investment Industry Regulatory Organization of Canada (IIROC), assumes responsibilities of the new position effective June 13, 2011. “Maureen Jensen has strong people management […]

By Staff |May 2, 2011

1 min read

Live Coverage: 2011 CFA Toronto Conference

Sheila Avari, Web Editor – Canadian Capital, will be reporting live from the 2011 Annual Wealth Management Conference in Toronto, Tuesday, May 3 and Wednesday, May 4, 2011. To stay competitive in a rapidly changing and dynamic environment, wealth managers, advisors and their firms must develop skills and solutions to successfully attract and serve clients. […]

By Sheila Avari |May 2, 2011

27 min read

IIROC bans, fines Marcel Anil Rada

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) accepted a settlement agreement, with sanctions that include a permanent ban on registration, between IIROC staff and Marcel Anil Rada. In the agreement, Rada admitted he violated IIROC rules through his participation in various off-book transactions without the knowledge or consent of his […]

By Staff |May 2, 2011

2 min read

CI replaces Legg Mason, Trilogy

CI Investments announced several portfolio management changes late on Friday, affecting a number of global equity, balanced and income mutual funds. With the changes announced today, CI is ending its portfolio management relationships with Legg Mason Capital Management and Trilogy Global Advisors. The portfolio management changes will indirectly affect a number of segregated funds that […]

By Staff |May 2, 2011

2 min read