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SEC chairman proposes review of stock trading rules

SEC Chairman Gary Gensler Gary Gensler said Wednesday that he asked the agency’s staff to review issues related to stock trading.

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Coinbase and ForUsAll Partner to Offer 401 (k) Plans Incorporating Crypto

Coinbase and ForUsAll Partner to Offer 401 (k) Plans Incorporating Crypto
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TD Bank posts $3 7 billion in Q2 profit

Canadian Press TD Bank Group beat expectations as its second-quarter profit more than doubled compared with a year ago and the bank recovered some of its provisions for credit losses. TD said Thursday it earned $3.7 billion or $1.99 per diluted share for the quarter ended April 30, up from a profit of $1.5 billion or 80 cents per share a year ago. The improvement came as TD posted a $377-million recovery of credit losses for its latest quarter compared with a provision for credit losses of $3.2 billion a year ago at the start of the pandemic. TD CEO Bharat Masrani said TD reported strong results in the second quarter, reflecting the underlying strength of its diversified businesses, improving economic conditions and its prudent approach to managing risk.

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TD Bank reports $3 7B second-quarter profit, tops expectations - Business News

TD Bank reports $3 7B second-quarter profit, tops expectations - Business News
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Mortgage refinancing starting to cool from pandemic highs: TD Bank

We re seeing a lot of the volume now on the purchase side, and we re still seeing refinances getting done, but it s really moved to more of a purchase market, he said. Braca s remarks come as the U.S. is staging a widespread reopening from pandemic measures and Canada is eyeing a similar move as vaccination rates soar. While the pandemic forced the temporary closure of many businesses, it was no match for Canada s real estate market. Buoyed by low interest rates, Canadians flocked to the housing sector and engaged in bidding wars to snatch up properties at increasingly expensive prices.

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