Industry News

OSC requests members for advisory committee

The Ontario Securities Commission (OSC) is inviting applications for membership on its Market Structure Advisory Committee (MSAC). Read: EMDs must fix regulatory deficiency, says OSC Established in 2011, the MSAC serves as a forum to discuss issues associated with market structure and marketplace operations. The MSAC also acts as a source of input and feedback […]

By Staff |June 4, 2013

1 min read

Rep fined $40,000 over supervisory failure

On May 14, 2013, an IIROC hearing panel accepted a settlement agreement, with sanctions, between IIROC staff and Guy François Brunet.

By Staff |June 4, 2013

1 min read

Strong gains for U.S. equity funds in Canada

Solid performance in U.S. stock markets, combined with a surging greenback, produced strong gains for U.S. equity funds sold in Canada during May, says Morningstar. This also reflected positively on other fund categories that have heavy allocations to U.S. stocks. Meanwhile, domestic equity funds were back in the black after producing negative returns in April. […]

By Staff |June 4, 2013

3 min read

Zynga cuts jobs, shares fall

After Zynga announced it would cut more than 500 jobs, shares fell 12% to close at $2.99 in New York, says Financial Times. “The company grew quickly as it became the biggest games publisher on Facebook, but has been retrenching in recent months, as new titles have disappointed and earnings have fallen short of expectations,” […]

June 4, 2013

1 min read