Industry News

Rep suspended, fined for outside sales

Toronto MFDA rep was was suspended and fined for outside sales.

By Staff |January 24, 2013

1 min read

Canadians taking on less debt

Canadians aren’t applying for new credit. In fact, the majority of credit growth last year came from existing loans and lines of credit, says Equifax Canada. “Consumer appetite for new credit in December 2012 remains much lower than it was is the pre-recession period, reflecting an 11% decline from December 2007, says Nadim Abdo, vice […]

By Staff |January 24, 2013

1 min read

New online registry for CLU, CHS designation holders

The Institute for Advanced Financial Education launched an online public registry for CLU and CHS designation holders. The registry lets people check to see if their financial advisors hold the designations, and whether they’re in good standing with The Institute. It lists everyone currently authorized to use the CLU and/or CHS designations. Read: CSO launches […]

By Staff |January 24, 2013

1 min read

UK firm ICAP under investigation

The Financial Services Authority (FSA), the UK’s financial watchdog, is investigating interdealer broker colossus ICAP for possible violations of market conduct rules. It is also investigating the firm for possible Libor infractions, reports ft.com.

By Staff |January 24, 2013

1 min read