The percentage of clients who are aware of the changes requiring more cost and performance disclosure in their mutual fund statements rose greatly year-over-year
Floating-rate and short-term fixed-income ETFs re-emerged as market darlings in the rising rate environment
The firm has added 13 advisory teams from a year ago while the average book size per advisory team has risen by more than 80% in two years
Industry groups and investor advocates agreed on some of the proposed rules, but opinions were divided on the decision to allow embedded commissions to remain in place
But regulators are banning DSCs and enhancing regulatory requirements for registrants to avoid situations that place them in a conflict of interest
Advisors are facing a bumpy road ahead as their firms go through major transitions
Advisors’ businesses are stronger than ever
The federal government intends to implement several measures to increase gender diversity, which “leads to more growth,” said Finance Minister Bill Morneau
The government will be investing money to improve the fairness and integrity of the tax system as well as introduce new rules
The government will create a new Canadian Centre for Cybersecurity as well as a new National Cybercrime Co-ordination Unit