Industry

OSC seeks to muzzle Costello

(March 28, 2003) Financial commentator Brian Costello would effectively be prevented from conducting investment seminars, if an Ontario Securities Commission panel accepts the sanction recommendations of its staff, released today. The proposal suggests sanctioning Costello for a period of three to five years for failing to register as a financial advisor and seeks investigative costs […]

By Doug Watt |March 28, 2003

2 min read

No-loads outperform, but don’t outsell load funds

(March 21, 2003) No-load funds have been outperforming their load fund peers, according to research by Toronto consultancy Investor Economics. But they have not been capitalizing on their advantage. The reason: Even no-load companies are stressing the value of advice. “Many advisors believe load funds produce higher returns because they have the savviest managers,” notes […]

By Scot Blythe |March 21, 2003

2 min read

Future looks bright for advisors willing to change, says IPC exec

(March 21, 2003) Advisors have been too busy making a living to notice their business has changed in the last 10 years, financial advisors heard yesterday at the 83rd Annual Ontario Sales Congress of the Peel Institute of Applied Finance in Toronto. “When I first started, I could have run my business out of my […]

By Jennifer McLaughlin |March 21, 2003

3 min read

Canadian Securities Institute revamps popular CSC course

(March 20, 2003) After consulting with the financial services industry, the Canadian Securities Institute has decided to scrap the assignment portion of its popular Canadian Securities Course. Students still have to write two exams to complete the course. “After analysis and consultation with the industry, it was determined that the online component’s multi-dimensional learning surpassed […]

By Doug Watt |March 20, 2003

1 min read