Industry News

Regulator rejects client complaint

An arbitration panel convened by U.S. self regulator FINRA opted to strike from the record a complaint against a UBS trader who was alleged to have ignored client instructions, resulting in economic loss.

By Staff |January 17, 2012

1 min read

BoC keeps rate at 1%

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1% cent. The Bank Rate is correspondingly 1.25% and the deposit rate is .75%. The outlook for the global economy has deteriorated and uncertainty has increased since the Bank released its October Monetary Policy Report (MPR). The sovereign […]

By Staff |January 17, 2012

3 min read

The world is on sale

The first rule of investing is to buy low and sell high. With a mantra of “crisis creates opportunity”, now’s the time to buy low, according to David Winters, CEO of Wintergreen Advisors.

By Staff |January 17, 2012

2 min read

Canada’s stability attracts investors

Foreign investors are snapping up Canadian securities while Canadians are looking elsewhere for diversification and growth, according to the latest Statistics Canada figures.

By Vikram Barhat |January 17, 2012

2 min read