Latest Market News

Jan 21
Multilateral CSA Notice of Amendments to National Instrument 81-105 Mutual Fund Sales Practices

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

Jan 21
Scan your dog and go walkies in the metaverse: Virtual NFT pets get popular

New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs — not only physically but also in the metaverse. The question is, Are tokenized pets here to stay or are they a pandemic fad? The metaverse is widely regarded as […]

Jan 21
Stocks open mostly lower as Netflix drags down Nasdaq

Stocks opened mostly lower Friday, on track for a hefty weekly loss as the Nasdaq Composite pushes deeper into correction territory. The Dow Jones Industrial Average DJIA, -0.07% rose 56 points, or 0.2%, to 34,772, while the S&P 500 SPX, -0.49% was off 0.1% at 4,477. The Nasdaq was down 0.2% at 14,126, bringing it […]

Jan 21
Regulatory Notice 22-03

Notice Comments Summary FINRA has adopted amendments to its rules to clarify the application of FINRA rules to security-based swaps (SBS):1 FINRA has adopted a new Rule 0180 (Application of Rules to Security-Based Swaps), which, along with conforming amendments to Rule 9610 (Procedures for Exemptions—Application), will become effective February 6, 2022. The new rule replaces […]

Jan 21
Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K

Pain for Bitcoin and altcoin investors alike as a fresh cascade sees $40,000 support disappear. 5686 Total views 30 Total shares Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 optimism unwinds Data from Cointelegraph Markets Pro […]

Jan 21
Raymond James upgrades Webster Financial to strong buy on loan growth

Raymond James analyst William J. Wallace IV (RJA) on Friday upgraded shares of Webster Financial Corp. WBS, -0.20% to strong buy from outperform and increased his price target to $73 from $65. The integration of the bank’s $5 billion acquisition of Sterling Bancorp STL, -0.67% should drive upside after it closes as expected in February, […]