Industry News

Jovian sells ETF business

Jovian Capital Corporation has entered into a definitive agreement to sell its exchange traded fund business to South Korea’s Mirae Asset Global Investments Co., Ltd. “We are pleased to have reached an agreement with Mirae,” said Philip Armstrong, CEO of Jovian. “Since our initial investment in this start-up company in 2006, the ETF business has […]

By Staff |July 15, 2011

3 min read

MFDA accepts settlement with Sentinel Financial

A settlement hearing in the matter of Sentinel Financial Management Corp. was held Thursday in Saskatoon, Saskatchewan before a hearing panel of the MFDA’s Prairie Regional Council. The hearing panel accepted the settlement agreement between MFDA staff and the respondent, as a consequence of which: 1) the respondent has paid a fine in the amount […]

By Staff |July 15, 2011

1 min read

MNP to merge with Stern Cohen Shier

Toronto-based insolvency firm Stern Cohen Shier Inc. has announced it will merge with MNP LLP, one of Canada’s largest chartered accounting and consulting firms, effective September 1, 2011. “Not only will we be strengthening our insolvency practice by gaining additional expertise and resources in communities we already operate in but we will also be helping […]

By Staff |July 14, 2011

1 min read

Guardian Capital reports death of chairman/CEO

Guardian Capital Group Limited has announced the passing of its chairman and CEO, John Christodoulou. The company reports that he died “peacefully and with his family present”, on the morning of Thursday, July 14th, 2011. “As long time chairman and chief executive officer of Guardian Capital Group Limited, John was the leader, the inspiration and […]

By Staff |July 14, 2011

1 min read