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NEWARK−A Belmar man who authorities say ran a scam he called an "investment club" for more than 35 years, taking some $5 million from 30 investors, many of them elderly, and spending the money ...
In 2002, as a result of discussions among government, industry and consumer groups about improving consumer protection in financial services, all members of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada joined the organization. At the same time, OBSI invited credit unions to join and ...
This is a list of publicly traded and private real estate investment trusts (REITs) in Canada. Current REITs ... Canadian Net REIT NET.UN Retail CAPREIT: CAR.UN:
Historically, trusts were one of the four main financial institutions in Canada, along with banks, insurance companies, and investment brokerages. [1] The country's first trust company was the Toronto General Trusts Corporation , which received its charter in 1872. [ 2 ]
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An income trust is an investment that may hold equities, debt instruments, royalty interests or real properties. It is especially useful for financial requirements of institutional investors such as pension funds, [1] and for investors such as retired individuals seeking yield.
In early 2019, in the Kapa investment scam, the Philippine government shut down Kapa-Community Ministry International and its self-declared pastor, Joel Apolinario. [citation needed] In January 2020, the SEC filed a federal case against a Californian couple, Jeff and Paulette Carpoff, charging them of organizing a $910 million Ponzi scheme.
A Mutual fund trust (MFT) is a type of Canadian investment portfolio which is popular in Canada due to favorable taxation laws. It is a type of unit trust which must also comply with section 132 of the Canadian Income Tax Regulation Act 4801. [1] The members of a mutual fund trust are called unitholders.