Invest Skeptically

As part of a new package of changes, regulators are proposing a simple 2-page “Fund Facts” disclosure sheet. The idea is that potential investors would have to receive the sheet (and hopefully read it) before purchasing a mutual fund product. A similar package has been drafted for segregated funds.
Rob Carrick in The [...]

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In a previous blog I mentioned the Ombudsman for Banking Services and Investments (OBSI) and decided to add a little more about them.
OBSI is funded by its participating firms — which is not unusual. But, an interesting note is that they focus only on “independent and impartial” dispute resolution which means they are [...]

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In times like these when there is so much uncertainty about asset prices and such a heightened sense that something’s gotta give, we naturally start thinking about mixing things up. Should we change the allocation of stocks versus bonds? Bond prices have already begun to fall (creating higher yields). Move more money into cash? [...]

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James Daw writes, Legal help can tackle bad adviser, in the Toronto Star (June 12, 2007), about an investor’s options after they’ve received bad financial advice and lost money. In Canada there’s an Ombudsman for Banking Services and Investments (OBSI) with participating firms that include:

Domestic and foreign banks
Some credit unions
Trust and loan [...]

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I found this story on the CBC website. They report on a British Columbia Securities Commission panel that cleared a man to work in investor relations. He was previously disqualified by the TSX Venture Exchange due to his 1976 murder of a Calgary police officer during the robbery of a credit union.
This is [...]

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