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Ontario joins DSC ban | Advisor's Edge


James Langton
Ending a two-and-a-half-year stalemate, Ontario has decided to join the rest of the Canadian Securities Administrators (CSA) in eliminating deferred sales charge (DSC) mutual funds.
The volte-face on DSCs comes in the wake of a consultation by the Ontario Securities Commission (OSC) on a series of possible restrictions on the use of DSCs instead of an outright ban. According to the regulator, the majority of responses to that consultation called for Ontario to go along with the rest of the CSA and get rid of DSCs altogether.
In a staff notice outlining the policy pivot, the OSC said the comments on its proposals “overwhelmingly expressed support for a harmonized DSC ban.” ....

Douglas Cumming , James Odonnell , Vic Fedeli , Mackenzie Financial Corp , Investments Inc , York University , Invesco Canada Ltd , Fidelity Investments Canada , Mackenzie Financial , Jameso Donnell , Progressive Conservative , டக்ளஸ் கம்மிங் , ஜேம்ஸ் ஓடொன்னேழில் , விக் பேதெளி , மெக்கன்சி நிதி கார்ப் , முதலீடுகள் இன்க் , யார்க் பல்கலைக்கழகம் , இன்வெஸ்கோ கனடா லிமிடெட் , நம்பகத்தன்மை முதலீடுகள் கனடா , மெக்கன்சி நிதி , ப்ரோக்ரெஸிவ் பழமைவாத ,

Ontario joins DSC ban | Investment Executive


James Langton
Ending a two-and-a-half-year stalemate, Ontario has decided to join the rest of the Canadian Securities Administrators (CSA) in eliminating deferred sales charge (DSC) mutual funds.
The volte-face on DSCs comes in the wake of a consultation by the Ontario Securities Commission (OSC) on a series of possible restrictions on the use of DSCs instead of an outright ban. According to the regulator, the majority of responses to that consultation called for Ontario to go along with the rest of the CSA and get rid of DSCs altogether.
In a staff notice outlining the policy pivot, the OSC said the comments on its proposals “overwhelmingly expressed support for a harmonized DSC ban.” ....

Douglas Cumming , James Odonnell , Vic Fedeli , Mackenzie Financial Corp , Investments Inc , York University , Invesco Canada Ltd , Fidelity Investments Canada , Mackenzie Financial , Jameso Donnell , Progressive Conservative , டக்ளஸ் கம்மிங் , ஜேம்ஸ் ஓடொன்னேழில் , விக் பேதெளி , மெக்கன்சி நிதி கார்ப் , முதலீடுகள் இன்க் , யார்க் பல்கலைக்கழகம் , இன்வெஸ்கோ கனடா லிமிடெட் , நம்பகத்தன்மை முதலீடுகள் கனடா , மெக்கன்சி நிதி , ப்ரோக்ரெஸிவ் பழமைவாத ,

FAU Study: Entrepreneurs Getting Big Boost from Online Lending


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BOCA RATON Fla., March 11, 2021 (GLOBE NEWSWIRE) Online marketplace loans are leading to a sharp rise in new businesses, evidence that the lending platforms are helping to redefine the U.S. banking industry, according to a research team that includes professors at Florida Atlantic University.
The financial technology (FinTech) study, published in the
Journal of Financial and Quantitative Analysis, estimated that a 10 percent increase in marketplace lending caused a .44 percent jump in businesses established per capita.
The impact is even greater for less-experienced entrepreneurs and small and less-profitable firms and in low-income areas, noted Douglas Cumming, Ph.D., and Sofia Johan, Ph.D., both of FAU s College of Business. Their research team included Hisham Farag, Ph.D., and Danny McGowan, Ph.D., both of the University of Birmingham in the United Kingdom. ....

United States , Florida Atlantic University , United Kingdom , North Dakota , West Virginia , Danny Mcgowan , Hisham Farag , Douglas Cumming , Lending Club , University Of Birmingham , College Of Business , Florida Atlantic , Quantitative Analysis , Sofia Johan , Owers Florida Atlantic University College , ஒன்றுபட்டது மாநிலங்களில் , புளோரிடா அட்லாண்டிக் பல்கலைக்கழகம் , ஒன்றுபட்டது கிஂக்டம் , வடக்கு டகோட்டா , மேற்கு வர்ஜீனியா , டேனி மகோவெந் , ஹிஷாம் ஃபெரக் , டக்ளஸ் கம்மிங் , கடன் சங்கம் , பல்கலைக்கழகம் ஆஃப் பர்மிங்காம் , கல்லூரி ஆஃப் வணிக ,