Industry News

Inaccurate KYC costs advisor $167,000

An IIROC hearing panel found that Kenneth Gareau recorded inaccurate "know your client" information on client account forms, made unsuitable recommendations and made a transaction against the expressed wishes of a client.

By Staff |January 10, 2012

1 min read

Another deal bites the dust?

The EU appears set to quash the merger of Deutsche Börse and NYSE Euronext. Officials at the European competition watchdog have recommended the deal be blocked, according to a report on FT.com.

By Staff |January 10, 2012

1 min read

Consumer debt picture improves

While Canadians continue to rack up more consumer debt, there is a ray of hope that the trend may reverse: the rate that we are amassing debt is slowing, according to Equifax Canada's National Credit Trends Report.

By Staff |January 10, 2012

2 min read

Franklin Templeton offers new balanced fund

Franklin Templeton Investments has introduced the Bissett Strategic Income Fund, a balanced fund designed for investors who want to generate income in a volatile market environment.

By Staff |January 10, 2012

1 min read