Industry News

Earl Jones fraud costs RBC $500,000+

An IIROC hearing panel accepted a Settlement Agreement between IIROC staff and RBC Dominion Securities Inc., Jean-Pierre Ménard and Serge Leclaire in the matter of Earl Jones. RBC Dominion Securities Inc., Ménard and Leclaire have admitted they failed in their gatekeeper duty when they allowed Jones to have numerous trading authorizations for unrelated clients, and […]

By Staff |August 13, 2012

1 min read

Maple renamed as TMX offer completed

Maple Group Acquisition Corporation has officially been renamed TMX Group Limited. The Montreal exchange announced the expiry of the deposit extension period in respect to Maple’s offer today, and approximately 95.4% of the outstanding shares have been deposited under the offer, up from 91% during the finalization of the offer. Read: TMX takeover leaves questions […]

By Staff |August 13, 2012

1 min read

Brendan Wood finds Canada’s top investment minds

Brendan Wood International (BWI) has found the top investment minds in Canada. More than 700 investment professionals interviewed each “TopGun,” and ranked them based on their investment wisdom and professionalism. The panel also analyzed the companies they work for. “This is not a popularity contest,” says Amanda Knott, manager, BWI panel. “The confidential ratings assigned […]

By Staff |August 13, 2012

2 min read

Horizons names sub-advisor of dividend ETF

Guardian Capital is the new sub-advisor for the Horizons Dividend ETF, says AlphaPro Management and Horizons ETFs. The fund trades on the TSX under the ticker symbols HAL and HAL.A, and its investment objective is to seek long-term total returns consisting of regular dividend income and modest long-term capital growth. It invests primarily in equity […]

By Staff |August 13, 2012

1 min read