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MONDAY, JUNE 8, 2020

IIAC COVID-19 RESOURCE PAGE

We are here to help!

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IIAC MEMBERS GIVE BACK TO THE COMMUNITY
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IIAC TO FORM WORKING GROUP TO RESPOND TO UPCOMING IIROC AND CSA PROPOSALS ON THE SELF-REGULATORY FRAMEWORK
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CANADIAN SECURITIES ADMINISTRATORS STREAMLINE AT-THE-MARKET (ATM) DISTRIBUTION REGIME

Several IIAC recommendations adopted

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IIAC LETTER

Maintaining a Growth Trajectory for Sustainable Finance During Uncertain Times

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OP-ED IN INVESTMENT EXECUTIVE

Culture can't be lost in shift to remote work

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RESERVISTS READY CAMPAIGN
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CANADIAN ETF WATCH

Spring 2020 issue

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C.D. HOWE - IIAC WEBINAR: U.S. MONETARY POLICY IN THE AGE OF COVID-19
June 11, 2020 | 12:30 pm – 1:15 pm ET

As the COVID-19 pandemic drives the economy into recession, the U.S. Federal Reserve responded with aggressive monetary policy measures by decreasing interest rates and committing trillions of dollars to rescue financial markets. This raised concerns around the world, with economies being forced to adopt the Fed’s playbook.

Join the C.D. Howe Institute’s webinar on June 11 to hear Greg Ip, Chief Economics Commentator at The Wall Street Journal examine the economic implications of such policy response on the road to an eventual recovery and David Dodge, Senior Advisor, Bennett Jones LLP; Former Governor, Bank of Canada, provide comments on his remarks.

RSVP: rsvp@iiac.ca or contact psoodeen@iiac.ca.

TFOSE WEBINAR
June 11, 2020 | 10:00 am – 11:00 am ET

Join us for a presentation by James Beattie, President and CEO; Thomas Kalafatis, Market Structure Advisor; and Winville Larcher, Industry Relations Advisor, from the Toronto Futures Options Swaps Exchange (“tFOSE”).

To register for this webinar please email Maria Nash mnash@iiac.ca. She will send you the login information once available.

About tFOSE

The Toronto Futures Options Swaps Exchange (“tFOSE”) has submitted applications to the AMF and CSA to operate a derivatives exchange and clearinghouse. tFOSE is currently conducting its second round of comments with the regulators and anticipates a public comment period to begin in Q3 of 2020.

tFOSE is designed to bring innovation and vibrancy to Canadian exchange-traded and cleared derivatives, a market that is ripe for disruption. Introducing competition will drive innovation, lower costs and benefit all participants.

Competition is good. When competition entered the Canadian equity markets volumes almost doubled over a six year period. When the ‘Gentlemen’s Agreement” between US options markets was broken and exchanges could compete, aggregate average daily volumes exploded.

There is a significant addressable gap in Canadian derivatives markets. Our extensive discussions with market constituents tells a consistent story, there is a lack of liquidity, spreads are wide, and costs are high. tFOSE will promote liquidity in all options and add flexibility with new platforms that align with market makers to attract order flow.

tFOSE is a core and growth story that will trade and clear existing derivative products and create highly demanded products based on emerging markets and alternative asset classes.

By treating clearing as a profit centre and not a utility, tFOSE will use simplified, modern technology to eliminate outdated architecture and drive clearing costs lower. www.tfose.com.

The Globe and Mail  Canadian regulators ease rules, make it easier for companies to issue shares and raise new capital

Wealth Professional   Canada must not stray from sustainable-finance path, says IIAC

Insurance Portal  IIAC committed to proceeds of crime legislation that is responsive to emerging risks

Forum View Magazine (page 8)  What’s next for securities regulators?

South China Morning Post  Revive millionaire migration to cure Canada’s coronavirus economic woes, say advocates

Finance et Investissement  La protection des données, un lourd défi

Other News


MarketWatch

St. Louis Fed researchers say negative interest rates may be needed for economic recovery

Cryptovibes

Bitcoin ATMs Encounter Tough Regulations Amid Money Laundering

Advisor’s Edge

Seemingly contradictory ESG strategies actually complement one another

IIAC’s Industry Job Board:

To post a job to the IIAC’s Investment Industry Job Board, email the job description, as a Word attachment or PDF, to info@iiac.ca. Posting on our Job Board is a complimentary service provided to IIAC members. You will be notified by email once the job is posted.

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Investment Industry Association of Canada

100 Wellington St. West - Suite 1910
Toronto, ON M5K1H6 - Canada
Telephone: 416-364-2754


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