Industry News

Assessing the earning power of financials

This past year has been interesting for financials. After the recession in 2008, bank rescues and profits led markets to recovery in 2009 as writedowns on bad loans began to slow and lending activity resumed.

By Andrew Zamfotis |February 16, 2011

3 min read

U.S. to lead recovery: Laurentian Bank

Looking for a contrarian conversation starter to put in front of your clients? Try the sunny outlook for the U.S. economy, which may be positioned to outperform in 2011, according to Laurentian Bank. The U.S. economy has already recovered “all economic activity lost during the recession,” and is building upon that base, says Sébastien Lavoie, […]

By Steven Lamb |February 16, 2011

2 min read

CSA contest aims at youth ‘Financial Fitness’

The Canadian Securities Administrators (CSA) is running an online contest that uses video, Facebook and Twitter tips to help youth get financially fit. The ‘Financial Fitness Challenge‘ will help youth increase their financial literacy, and offers a chance to win an Apple iPad or a grand prize of $2,000. The contest, which runs from February […]

By Staff |February 15, 2011

1 min read

IIROC announces settlement with Richard Roy

A hearing panel of the Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between IIROC staff and Richard Roy. In the agreement, Mr. Roy admits that he failed in his know-your-client obligations and that he inappropriately followed trading instructions from an unauthorized third party. Mr. Roy has agreed to […]

By Staff |February 15, 2011

1 min read