14 iunie 2018

OSC alleges Caldwell Investment practices were a conflict of interest


Market regulators targeted Caldwell Investment Management Ltd. with possible fines and suspension on Thursday, alleging the mutual fund firm overcharged clients by directing trades to its wholly owned dealer when rival firms offered better prices. The enforcement branch of the Ontario Securities Commission (OSC) alleged that over a period of almost four years, Caldwell Investment “failed in its obligation to provide best execution of equity and bond trades for its clients, which resulted in [...]