A few DIY investment platforms in Canada recently began offering options trading to customers. To make sure investors know what they’re getting into before investing in options here’s a quick rundown of how options investing works.
NSSC Blog: Before You Invest
You may be aware that an exchange-traded fund (ETF) is typically a collection of securities that allows an investor to diversify their portfolio by purchasing one investment. That has changed slightly following the launch of the first single-stock ETFs in Canada in December 2022.
Our first regulatory review of 2023 looks at all releases and notices issued by the Nova Scotia Securities Commission and the Canadian Securities Administrators (CSA) since January. It’s been a busy start to 2023 for securities regulators.
The Government of Canada introduced the First Home Savings Account (FHSA) this year. The FHSA is a new registered account that can hold cash and securities. As the name suggests, it is a registered account to help Canadians save for their first home.
Our series on No Frills Investing concludes this week with a look at three basic investment products that you may be offered by a registered adviser, or that you may be interested in purchasing if you’re using a discount broker (also known as order execution only service). We’ll start out by describing each investment product and then break down the fees involved with each.
In Part 2 of our No Frills Investing series we’re looking at the difference between financial planning and investment advice.
As you may know, anyone who sells or advises on securities in the province of Nova Scotia must register with the Nova Scotia Securities Commission (NSSC). What you may not know is that someone calling themselves a “financial planner” may not need to register with the NSSC.
Today we’re starting a new blog series on No Frills Investing. These posts are focussed on investors who don’t have a large amount of money to invest. In today’s economic climate, with heightened inflation, many people may not be able to invest much, whether they’re just starting out or have been in the workforce for decades. Investing wisely is always a good strategy, regardless of how much you have to invest.
Part of the Nova Scotia Securities Commission mandate is to protect Nova Scotia investors. One of the ways we do that is by issuing investor alerts and cautions.
During Fraud Prevention Month the Nova Scotia Securities Commission is issuing another warning to investors about a widespread crypto assets scam that has caused substantial losses for several Nova Scotians. These loses total more than $1 million, with some individual investors losing hundreds of thousands of dollars.