Industry

World perplexed at regulatory paralysis

While Canadians bask in the praise of foreign policymakers who laud our prudent financial regulation, we should probably also take note of international criticism, according to the Canadian representative to the International Monetary Fund. The IMF has repeatedly expressed concern over Canada’s apparent refusal to adopt a single national securities regulator, according to Tom Hockin, […]

By Steven Lamb |January 20, 2011

2 min read

How to rein clients in

What’s the most important thing a financial advisor does for clients? Provide sound investment advice and financial planning that clients can rely on? Maybe. That is, after all, the primary role of the financial advisor.

By Bryan Borzykowski |January 20, 2011

8 min read

Industrial Alliance names Martin to board

Industrial Alliance Insurance and Financial Services has named Jacques Martin to its board of directors. Martin has held several executive positions at the Caisse de dépôt et placement du Québec, mainly at its New York City office and at Goldman, Sachs in New York and London, England. This appointment was ratified by the Industrial Alliance […]

By Staff |January 20, 2011

1 min read

IIROC sets penalty against Blackmont Capital, Duke

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has imposed a $732,500 fine against Blackmont Capital Inc. and a $265,000 fine against Dean Shannon Duke after an earlier decision found they had violated business conduct and trade authorization rules. As part of the penalty decision dated December 20, 2010, the panel […]

By Staff |January 20, 2011

2 min read