Several years ago, we issued an Investor Alert that talked about the fact that income trusts were, in fact, not fixed income investments. At that time, we were concerned that too many retirees were investing in income trusts because they thought that these products would provide ongoing income.
Recently, we decided to issue information regarding exchange-traded funds (ETFs). In this case, we were concerned that people didn’t understand that this term is used to describe a whole category of products, some very risky, some not so risky. We pointed out that investors should determine what type of ETF they are considering and if it was a ‘leveraged’ or ‘inverse’ ETF, they should think twice.
If you know about products that are being introduced to retail investors that require a better understanding of its risk, please don’t hesitate to respond to this blog or to email us with that information. We’ll take a look at the product in question, and if we also have concerns, we’ll issue information outlining the risks and outlining key information that will help an investor make an informed decision.
Investor Education Month is coming to a close, and we are encouraging investors to make use of free online investor education tools that can help with finding and working with a registered financial adviser. This month, the Canadian Securities Administrators added two new resources to its website to assist investors complete a background check and registration search – Check […]
In advance of Fraud Prevention Month, the Canadian Securities Administrators (CSA) today released its sixth annual Enforcement Report. The 2013 report highlights the overall enforcement work done by CSA members against those who breach Canadian securities laws. In 2013, CSA members concluded 133 cases against 216 individuals and 166 companies. The cases concluded resulted in: […]