Industry

Guidance for portfolio managers working with investment dealers

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members. The notice provides information and guidance for CSA-regulated portfolio managers who enter into custody and trading arrangements with dealer members of the Investment Industry Regulatory Organization of Canada (IIROC). Read: IIROC fines Edward […]

By Staff |November 17, 2016

1 min read

In the advisory world, size matters

On average, retail revenue rose about 6% annually from 2011 to 2015, outstripping annual operation cost increases, which are only about 2% per year, says new letter from the IIAC.

By Staff |November 17, 2016

2 min read

Why SEC Chair White’s departure could hurt U.S. advice industry

SEC Chair White will leave "two critical initiatives" in the hands of her successor.

By Staff |November 17, 2016

1 min read

Cowan named chief regulator for Capital Markets Regulatory Authority

Kevan Cowan is the new chief regulator of the future Capital Markets Regulatory Authority (CMRA). Cowan will also serve as CEO of the CMRA’s regulatory division. An acknowledged leader in capital markets, Cowan is the former president of TSX Markets and the TSX Venture Exchange. He is also well-versed in corporate and securities law, having […]

By Staff |November 17, 2016

1 min read