Search results
Results from the WOW.Com Content Network
Established in 2016, FSRA officially succeeded its predecessor agencies – the Financial Services Commission of Ontario and the Deposit Insurance Corporation of Ontario – on June 8, 2019. [1] The Financial Services Regulatory Authority of Ontario operates at arms-length from the Government of Ontario , and reports to the Legislative Assembly ...
In December 2015, Wealthsimple merged with Canadian ShareOwner Investments Inc., a Canadian order-execution only broker-dealer. [11] Through the acquisition, Wealthsimple became an owner of one of Canada's 14 discount brokerages (2015) alongside other owners of discount brokerages including Bank of Montreal and Royal Bank of Canada.
Canadian securities regulation is managed through the laws and agencies established by Canada's 10 provincial and 3 territorial governments. Each province and territory has a securities commission or equivalent authority with its own provincial or territorial legislation.
No cryptocurrency or other advanced investment options, such as forex. Costs and fees: Stocks and ETFs: $0. Options: $0.65. Account minimum: $0. To learn more about Merrill Edge, visit its website ...
1967 – the Minister of Finance introduced legislation to establish the Canada Deposit Insurance Corporation (CDIC) to ensure the safety of small deposits and bring about a gradual improvement in the minimum financial standard of deposit-taking institutions in Canada. In 1983, legislative amendments extended CDIC's mandate to include assisting ...
Your checking account at the FDIC-member bank in town has a standard deposit insurance limit of $250,000 per depositor, per FDIC-insured bank, per ownership category.
The nature and scope of a mortgage broker's activities vary with jurisdiction. For example, anyone offering mortgage brokerage in the United Kingdom is offering a regulated financial activity; the broker is responsible for ensuring the advice is appropriate for the borrowers' circumstances and is held financially liable if the advice is later shown to be defective.
The Canada Deposit Insurance Corporation was created 4 March 1967 [1] (under Schedule III, Part 1 of the Financial Administration Act and Canada Deposit Insurance Corporation Act). It is similar to the Federal Deposit Insurance Corporation in the United States. Since 1967, 43 financial institutions have failed in Canada and all 43 were members ...