Industry

Investor complaints up 17% in 2016: OBSI

The Ombudsman for Banking Services and Investments (OBSI) opened 350 investment-related cases in 2016, an increase of 17%, reveals the ombudsman’s annual report. However, complaints related to mutual funds dropped 3%, though they remain the number one product investors complain about, representing 44% of cases. Common shares or equities represented 34% of cases, but no […]

By Staff |March 16, 2017

1 min read

CSA publishes guidance for disclosure by investment entities

The securities regulatory authorities in Ontario, Alberta and Saskatchewan have released CSA Multilateral Staff Notice 51-349, which summarizes key findings from an Ontario Securities Commission (OSC) staff review of the continuous disclosure of reporting issuers that meet the definition of an investment entity under International Financial Reporting Standards 10. These issuers are an emerging subsector […]

By Staff |March 16, 2017

2 min read

New funds from Redwood Asset Management now on NEO

Redwood Asset Management has launched two new ETFs, consisting of three ETF listings on NEO. They are Redwood Floating Rate Preferred Fund and Redwood U.S. Preferred Share Fund. These are the first Redwood ETFs to be launched on the public markets, and Redwood is now the fourth ETF issuer to list securities on NEO. Also […]

By Staff |March 16, 2017

1 min read

National Bank Investments reduces fees

National Bank Investments is reducing its administration fees, management fees and trailing commissions on certain Meritage Portfolios, effective April 1, 2017. Read: What do you do to make fees more transparent? Administration fee reductions The administration fees for the following Meritage Portfolios will be reduced as indicated in the table below. Portfolios and series Current […]

By Staff |March 16, 2017

3 min read