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Trending

Aug
14
2018
Fortress faces further legal action: A receiver has been appointed to take control of a Fortress Real Developments Inc. project on the waterfront in St. Catharines, Ont., adding to the growing list of legal problems facing the development company.
Jul
24
2018
Danny Bradbury of the Financial Post writes of the risks to investors of investing in Fractional Mortgages Shares that uses that blockchain technology and how these may be akin to syndicated mortgages, and should be subject to Ontario securities laws.
Jul
24
2018
Janet McFarland of the Globe and Mail writes that, according to a search-warrant application filed in court in April, companies affiliated with Fortress Real Developments Inc. misled syndicated mortgage lenders about the value of land earmarked for real estate development projects, putting investors at risk of losing their money if the loans could not be […]
Jun
21
2018
One of the tragedies of this is that about 900 Advisors were corrupted by getting involved with the “ 10 bps scheme”. We estimate $22.5 Billion in sales were generated by this enhanced commission compensation plan. Prof. Cumming’s research is once again validated. Hopefully this is an isolated case and good news is coming re […]
Jun
14
2018
According to this article, more than $1.1 Billion U.S. stolen in crypto-currency thefts since December 2017.
May
15
2018
Nouriel Roubini writes for The Globe and Mail that ICOs “serve little purpose other than to skirt securities laws that exist to protect investors from being cheated.” Roubini states that if you invest in a conventional business, you are afforded a variety of legal rights with issuers being required to disclose accurate financial information, business […]
May
07
2018
James Langton writes for the Investment Executive on the U.S. Securities and Exchange Commission launching a new online search tool that will provide easier access to information on securities law violators. The new tool, SEC Action Lookup for Individuals (SALI)  is intended to assist the public in making informed investment decisions and avoiding financial fraud […]
Apr
23
2018
Kira Vermon writes in The Globe and Mail about caution people should display when hearing investment advice in the mainstream media. Vermon lists a few “maxims, platitudes and just plain worthless bits of advice that pop up in the media.” These include a bubble being “different this time”, high fees not mattering as long “as […]
Apr
20
2018
Ken Sweet of the Associated Press reports on the settlement agreement with Wells Fargo & Co., requiring it to pay US $500 million to the Office of the Comptroller of the Currency, its main national bank regulator, and US $500 million to the Consumer Financial Protection Bureau. The settlement is the result of charges tied […]
Apr
19
2018
Mike Orcutt writes for MIT Technology Review about a lawsuit against the developers of a little-known cryptocurrency called Nano to recover US $170 million in lost funds. He discusses the remedy sought in the lawsuit –  a “rescue fork” –  changing the rules the blockchain’s network uses to define valid transactions in order to “fairly […]