Industry News

CSA seeks comment on OTC Derivatives reporting

The Canadian Securities Administrators (CSA) is calling for comments on its Consultation Paper 91-402 – Derivatives: Trade Repositories, which it published today. Under the CSA’s proposed regulatory framework, all OTC derivative transactions entered into by a Canadian counterparty would be required to be reported to an approved trade repository. This data would be available to […]

By Staff |June 23, 2011

2 min read

SRI focus can build your business

Transitioning your practice to SRI can be a painless process, according to one advisor who made the move successfully. Gail Taylor of Gail Taylor and Associates at CIBC Wood Gundy in Edmonton has a $100 million SRI book and more than 100 clients. Speaking at the Canadian Responsible Investment Conference in Victoria this week, Taylor […]

By Doug Watt |June 23, 2011

3 min read

AMF seeks $1.8 million fine, prison term

The Autorité des marchés financiers (AMF) has launched penal proceedings in the judicial district of Saint-Hyacinthe against Claude Mercier for violations in connection with illegal distributions. The AMF has filed 84 charges and is seeking fines totalling $1,845,000 and a prison term. More specifically, the AMF accuses Claude Mercier of acting illegally as a securities […]

By Staff |June 22, 2011

1 min read

Volatility demands active management

In a world where volatility is the new normal, getting the right asset mix and sector-rotation can make the difference between capital gain and loss. “You have got to be an active manager,” said John Zechner, chair and CEO of J. Zechner Associates Inc., speaking at the CIFPs 9th Annual National Conference-2011, in Ottawa. “Markets […]

By Vikram Barhat |June 22, 2011

4 min read