Industry News

Alberta regulator releases IDA, MFDA audits

(September 13, 2004) Issues surrounding the suitability of client investments remain the most frequent investor complaint against the IDA’s prairie office, according to a recent audit conducted by Alberta’s securities regulator. And there are concerns over the way IDA staff are handling such complaints, the Alberta Securities Commission says. The ASC conducted an extensive audit […]

By Doug Watt |September 13, 2004

3 min read

Black case can provide lessons for advisors, experts say

(September 13, 2004) Although allegations that Conrad Black and his associates siphoned hundreds of millions of dollars from Hollinger International for personal expenses may seem far removed from the daily lives of financial advisors, there are a few important lessons to be learned from the messy saga, experts say. While few advisors could imagine spending […]

By Art Melo |September 13, 2004

3 min read

Stymiest jumps to RBC

(September 10, 2004) Barbara Stymiest is leaving her position as head of the Toronto Stock Exchange. Royal Bank of Canada announced Thursday night that Stymiest would become the bank’s chief operating officer, effective November 1. Stymiest will be responsible for strategic development and will have all corporate functions reporting to her, including risk management and […]

By Doug Watt |September 10, 2004

1 min read

Turning the tide, in this month’s Advisor’s Edge

(September 10, 2004) It was only a matter of time before the banks took steps to stem the flow of top producers heading out their doors. But how do they counter the allure of the boutiques? That’s the question tackled in the September issue of Advisor’s Edge. “Our cover story is called ‘Half Empty’ and […]

By Steven Lamb |September 10, 2004

2 min read