New regime intended to help restore consumer confidence
Eligible commissions must be from business conducted by a rep on behalf of an MFDA member
Two decisions from the Tax Court of Canada appear to limit the effect of the CRA’s own interpretation bulletin (IE:TV)
Inquiry in Australia could propose new rules (IE:TV)
Firm will be working with independent advisors to broaden its geographic coverage
Company will no longer pay up-front commissions for new purchases into DSC or LL options
Revised regs provide framework for the use of brokerage commissions
New rates as low as $7 per tradee
Commissions paid by institutions on trades of U.S. shares down 4%, even as markets set record highs
New rate for active traders effective December 1