Industry News

Horizons cuts HXT manangement fee

Horizons ETFs is reducing the effective annual management fee investors will pay on the Horizons S&P/TSX 60 Index ETF (HXT) from 0.05% to 0.03% (plus applicable taxes), effective October 1, 2015.

By Staff |September 24, 2015

1 min read

SEC charges six in stock fraud scheme

The SEC has charged six men, including a father and three sons, with defrauding investors in Gerova Financial Group Ltd., whose shares once traded on the New York Stock Exchange.

By Staff |September 24, 2015

2 min read

Most clients glum on economy

Four in five Canadian investors (82%) believe the domestic economy will grow by 2% or less in 2016, according to a Sun Life Global Investments poll. Just one-third have an optimistic view of the domestic economy over the next five years.

By Staff |September 24, 2015

1 min read

CSA finalizes changes to rights-offering regime

CSA has announced the final implementation of a streamlined prospectus exemption for rights offerings by reporting issuers.

By Staff |September 24, 2015

2 min read