Submitted by nsscadmin on
Disputes between advisers and their clients are rare, but they can occur. Even if an investor holds up their end of the adviser-client relationship and does all the necessary due diligence, disputes and problems can arise.
Investors should know their options, and what they can do should a problem arise.
Submitted by nsscadmin on
When the Nova Scotia Securities Commission is delivering investor education presentations, seminars or tutorials one of the first things were always tell people is to check the registration of their investment adviser. We’ve been getting a few questions about advisers lately, including what exactly is registration? We’re always telling you to check registration, but what does it mean for an adviser to be registered?
Submitted by nsscadmin on
The Nova Scotia Securities Commission will be joining hosts, CFA Society Atlantic Canada at the Halifax Central Library, Thursday May 4 for their event Putting Investors First.
This free educational presentation is open to the public and will outline what the Nova Scotia Securities Commission does to protect investors and maintain confidence in the capital markets.
The event will be held in the Lindsay Children’s on the second floor of the Halifax Central Library from 7:00-8:30 p.m.
Submitted by admin on
Alternative investments are some of most complicated and difficult to navigate investments available. They usually take on higher-than-average risk in return for the potential of higher-than-average returns. Due to their complex nature, alternative investments are meant for very knowledgeable investors or for investors with a lot of money who can afford to take higher risks or get specialized advice.
Here are some examples of alternative investments:
Options:
Submitted by admin on
An equity, or shares as is it commonly known, gives the purchaser a stake in a business. This may also entitle the owner to vote at shareholder meetings and receive profits that is allocated to shareholders. These profits are known as dividends.
Submitted by admin on
A mutual fund is a specific type of investment fund; a collection of investments such as stocks and bonds. This collection of investments is owned by a group of investors and managed by a professional money manager. When you purchase a mutual fund, you are joining this group of investors. Mutual funds, unlike most other types of funds are open-ended. This means as more people invest in the fund, the fund can issue new units.
Submitted by admin on
The list of fixed-income securities available to Canadians got a little shorter last month when the new Federal budget did away with Canada Savings Bonds. If you’re old enough to have been given Canada Savings Bonds by your grandmother like us, you may already have an idea what a fixed-income security is.
By definition a fixed-income security is…
Submitted by admin on
We close out Fraud Prevention Month with two investment scams that are both a pack of lies.
Boiler Rooms are another scam that movies and television shows like to highlight quite often. Obviously the move Boiler Room is about it, as is the more recent Leonardo DiCaprio, Martin Scorsese film The Wolf of Wall Street.
Submitted by admin on
Our final question of the week during Fraud Prevention Month asks what you should do if you do fall victim to an investment scam or fraud?
If you think you are the victim of a financial scam or fraud, do not sit idly by and do nothing. Take action! Here are some basic steps to take:
Submitted by admin on
No one likes paying taxes. Scam artists know this and often try to use it to pull off a scam. However, just because someone says they can save you taxes on your investments doesn’t mean they can, nor does it mean they can do so legally. Enter offshore investment and pension/retirement scams.
Offshore investments scams promise a high rate of return for an investment in an offshore market. They’ll also throw in the caveat that an offshore investment is a great – and legal - way to avoid taxes.