The firm had entered the retail securities distribution channel in 2012 when it acquired Halifax-based Citadel Securities
Citing lack of support, the regulator has decided not to proceed with a proposal to adopt lower minimum capital requirements for this firm
The brokerage firm recently announced cost-cutting measures
The brokerage firm is also eliminating its dividend payment as part of cost-cutting measures that will save the firm $40 million annually
New IIAC survey finds that investment dealer CEOs expect an increase in operating revenue, stemming mostly from the retail side of the business
The self-regulatory organization had suspended the firm in September
Clients are advised to contact the firm’s carrying broker directly
Vancouver-based investment dealer resigning from IIROC
IIAC graphic conveys the important contribution the industry makes to capital markets, the economy and communities across Canada
EY to initiate transfer of customer accounts to other dealers “as soon as possible,” CIPF says