Today in a release, CSA reminds dealers and investors of the inherent risks associated with products linked to cryptocurrencies—including futures contracts. Read: Bubble speculation as bitcoin’s rise continues “While these contracts may be traded on regulated exchanges and may be cleared by regulated central counterparties, the fact remains that their high level of risk will […]
Housing market keeps central bank governor up at night
What's driving and hindering the currency
The SEC says in a release that it has obtained an emergency asset freeze to halt an initial coin offering fraud that raised up to US$15 million from thousands of investors since August. The offering falsely promised a 1,354% profit, says the SEC. The commission has filed charges against “a recidivist Quebec securities law violator,” […]
For starters, whether—and how—clients check your background
If you’re interested in investing in bitcoin, here’s the first thing to know: the currency isn’t tethered to the economy, as are fiat currencies, commodities and real estate. Read: Canada to get its first cryptocurrency ETF With fiat currencies, for example, “loss of spending power is a small risk in most developed countries where central […]
The Ontario Securities Commission (OSC) is seeking applications for membership on its Fintech Advisory Committee (FAC). The FAC advises OSC LaunchPad staff on developments in the fintech space and the unique challenges faced by innovative businesses in the securities industry. OSC LaunchPad is a dedicated team that provides direct support to eligible fintech businesses in […]
Financial services companies are wasting no time adopting Amazon’s Echo smart speakers, which the tech giant announced would be coming to Canada in December. On Wednesday BMO and Manulife announced partnerships with Amazon that would allow customers to use its Alexa voice assistant for banking and benefits. BMO’s “skill” for the platform (a skill is […]
Software can discover traders’ patterns, behaviours and relationships, all without human instruction
Part of providing value to clients is presenting information clearly, visually and concisely. Many advisors rely on PowerPoint for such presentations, but there’s another option out there. Microsoft has launched a cloud-only presentation app called Sway. It allows you to create a web-ready presentation quickly, either from scratch or using an imported Word document, OneNote […]