Industry

Briefly: “IIROC sets date for Wells penalty hearing” and more news

A Hearing Panel of the Investment Industry Regulatory Organization of Canada (IIROC) has scheduled a hearing to determine the appropriate penalty in the matter of Dale Richard Wells. This hearing follows the panel’s decision dated October 27, 2010, which found that Mr. Wells conducted his business in a manner contrary to IIROC rules by providing […]

By Staff |November 26, 2010

4 min read

Your price is only an issue when your value is in question

I was asked by your editors to write to you this morning on the ostensible subject of how advisors may compellingly communicate the value of their advice to clients and prospects. And I’ll be delighted to do so in just a short while – as soon as we deal with the inconvenient truth that this […]

By Nick Murray, The Canadian Press |November 25, 2010

4 min read

Caisse named in Norbourg class action

Réal Ouimet, the former chief of the Bromont Police Department who lost $ 310,000 in Norbourg, officially launched his effort this morning to bring a class action against the Caisse de dépôt et placement du Québec, on behalf of the approximately 9,200 victims of Vincent Lacroix. The Superior Court heard his request to authorize a […]

By Claude Couillard |November 25, 2010

2 min read

Get in the social media game

The social media train is coming. And it’s coming fast. Firms and individuals need to get on this train, or they risk their business being derailed. “Public really is the new private” was the message Lisa Langley, president, International Product & Service Group (IPSG), put out at the Distinguished Advisor Conference 2010 in Orlando, Florida. […]

By Vikram Barhat |November 25, 2010

4 min read