Industry News

Follow principles or face new rules, IDA warns

(March 14, 2005) Canada is a long way from adopting a principles-based system of securities regulation, partly because of a “show me the rule that prohibits it” mentality among some market participants, says IDA senior vice-president Paul Bourque. Nothing illustrates this point more clearly than the reaction of some participants to the recent regulatory probe […]

By Doug Watt |March 14, 2005

2 min read

Mackenzie offers tax planning guide

(March 14, 2005) Rather than simply viewing tax time as the blessed end of financial planning season, last minute meetings and RRSP cramming, advisors can use tax resources provided by fund companies this time of year to help clients and themselves. One such offering, the Mutual Fund Tax Guide, comes annually from Mackenzie Financial. Carol […]

By Kate McCaffery |March 14, 2005

3 min read

Interest in alternative investing fuels AIMA’s growth

(March 11, 2005) Interest in alternative investing, fueled by heightened investor sophistication and lacklustre market performance in certain asset classes, is evidenced by the growing membership roster at the Canadian chapter of the Alternative Investment Management Association (AIMA). The Canadian chapter of AIMA is the largest and the second youngest in the world, after South […]

By Kate McCaffery |March 11, 2005

3 min read

Firms must get moving on Quebec NRD deadline

(March 11, 2005) Registration professionals at securities firms must go back and input data for all their Quebec registered personnel, now that the province has reworked its privacy laws to allow use of the National Registration Database (NRD). Data on registered representatives in all other provinces were inputted in 2003, according to Olu Muili, a […]

By Philip Porado |March 11, 2005

3 min read