British Columbia Securities Commission: HSBC Subsidiary Agrees To Pay $1,050,000 For Failing To Deal Fairly With Investors Date
22/04/2021
A B.C.-based firm that failed to deal fairly with investors in its mutual funds has agreed to pay $1,050,000 as part of a settlement agreement with the British Columbia Securities Commission (BCSC).
HSBC Global Asset Management (Canada) Limited (GAM Canada) admitted that it required people to redeem their units in HSBC-branded mutual funds, potentially causing them financial harm, including investment losses and unanticipated tax consequences.
The units had been purchased through independent dealers. But starting in 2014, GAM Canada, also known as AMCA, terminated its agreements with 51 independent dealers, having decided that the dealers no longer aligned with its overall strategic focus.
4月22日外汇交易提醒:美元冲高回落,加元创近一个月新高,欧银利率决议来袭-外汇频道-和讯网
hexun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hexun.com Daily Mail and Mail on Sunday newspapers.
Kursy walut: Wystrzał dolara kanadyjskiego - Biznes w INTERIA PL
biznes.interia.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznes.interia.pl Daily Mail and Mail on Sunday newspapers.
Аукцион Минфина США повлиял на стоимость золота
rueconomics.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rueconomics.ru Daily Mail and Mail on Sunday newspapers.
Kursy walut Dał im przykład Bank Kanady
money.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from money.pl Daily Mail and Mail on Sunday newspapers.