Shares of Sirius XM Holdings Inc. SIRI, -3.77% slid 3.8% toward a six-week low in morning trading Friday, after J.P. Morgan analyst Sebastiano Petti turned bullish on the satellite radio company, amid continued weakness in U.S. auto sales as semiconductor shortages and supply chain issues crimp supply. The stock is on track to snap a […]
Toronto – The Canadian Securities Administrators (CSA) today published final amendments intended to assist the Canadian Public Accountability Board (CPAB) with inspecting audit work performed in foreign jurisdictions. The amendments respond to challenges CPAB has faced in accessing audit work performed by firms that are not subject to the regulator’s oversight, but complete a significant […]
The Financial and Consumer Services Commission (FCNB) is urging New Brunswickers to use caution if approached by someone offering to help them secure a loan to pay off debt by falsifying an application for a home renovation loan. FCNB has become aware of individuals in the province acting as credit brokers, and arranging, for a […]
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The Financial and Consumer Services Commission (FCNB) recently approved two Rules for a new program intended to help connect New Brunswickers with their forgotten monetary property. The rules were approved by FCNB and the Minister of Finance and Treasury Board following two public consultation periods in September 2020 and May 2021. “We wish to thank […]
On 26 February 2021, the Mortgage Brokers Council of Canada (MBRCC) endorsed a new Code of Conduct (“Code”) for mortgage broker professionals. The MBRCC developed this plain-language Code to promote high standards of conduct to protect consumers of mortgage brokering services. The full document can be found on the MBRCC website. The MBRCC is comprised […]
Calgary and Toronto – The Canadian Securities Administrators (CSA) today published for comment proposed climate-related disclosure requirements. The proposed requirements demonstrate the CSA’s commitment in favour of the growing international movement toward mandatory climate-related disclosure standards. They also address the need for more consistent and comparable information to help inform investment decisions. The requirements contemplate […]
Montreal, Toronto, Vancouver – The Canadian Securities Administrators (CSA) strongly supports the establishment of the International Sustainability Standards Board (ISSB) and the Canadian offer to host the ISSB headquarters in Canada. “Establishing international standards is an important step in enhancing industry reporting and disclosure that yields reliable, complete, and comparable information for investors,” said Louis […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the daily chart, the asset is still moving to the upside after testing 38.2% fibo and convergence on MACD. This movement should be considered as a short-term ascending correction, which may later be followed by a further downtrend towards 50.0% fibo at 0.6758. The […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3726; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.3695 and then resume moving upwards to reach 1.3840. Another signal in favour of a further uptrend […]