Latest News on private equities market

Apple Allows In-App NFTs But Levies 30% “Apple Tax”

Coindesk | Danny Nelson | Oct 24, 2022 Apple has rejected calls to exempt NFTs from its 30% “Apple Tax” on in-app purchases.  The tech giant’s de facto ban on peer-to-peer NFT trading is likely here to stay. Problem: Just last month, The Information reported on how Apple’s fee policies are keeping marketplaces and creators


The post Apple Allows In-App NFTs But Levies 30% “Apple Tax” first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Federal consumer watchdog is upping efforts to crack down on 'junk fees' at banks

The Consumer Financial Protection Bureau is targeting two specific fees in its latest move to crack down on what it considers "junk fees."

2 years ago

First Chair of the OSC Under New Structure, Heather Zordel, Resigns

Financial Post | Denise Paglinawan  | Oct 25, 2022 Heather Zordel, the chair of the Ontario Securities Commission, has resigned less than a year after her appointment to the role. Why so sudden? Ontario Finance Minister Peter Bethlenfalvy accepted Zordel’s resignation on Oct. 21, a ministry spokesperson confirmed this week. No reason was given for


The post First Chair of the OSC Under New Structure, Heather Zordel, Resigns first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Opinion: Time for the Government to Decide – ‘Who Decides What for Whom’?

The Mox | Alex Vronces | Oct 25, 2022 The time for unhappy compromise is over. What if the federal government showed some courage and decisively picked a side? As Canada tiptoes to open banking, the question that belies the saying—who decides what for whom?—is looming over the federal government. Canada’s open banking lead, Abraham


The post Opinion: Time for the Government to Decide – ‘Who Decides What for Whom’? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Office of the Privacy Commissioner Announces Digital ID Ecosystem Resolution to Ensure Transparency and Privacy

Office of the Privacy Commissioner of Canada | Oct 24, 2022 Benefits of digital ID ecosystem will be realized only with adequate privacy protections, say data protection authorities In a resolution issued today, federal, provincial and territorial privacy regulators note that the digital identity ecosystem emerging in Canada and around the world will allow individuals,


The post Office of the Privacy Commissioner Announces Digital ID Ecosystem Resolution to Ensure Transparency and Privacy first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Stock pickers are still positioned for a Fed 'soft landing,' mutual fund holdings show

Actively managed mutual funds have maintained their pro-cyclical stance with overweights in consumer discretionary and industrials.

2 years ago

CFPB: US Consumer Agency Announces Open Banking Rule

Fintech Nexus | John K. White | Oct 25, 2022 LAS VEGAS, Nev. — Consumer Finance Protection Bureau (CFPB) director Rohit Chopra lobbed a surprise grenade onto the expo floor at Money 20/20 Tuesday morning by announcing plans for an open banking “doorman authority” rule. Read:  Rohit Chopra's speech for this announcement at money 20/20


The post CFPB: US Consumer Agency Announces Open Banking Rule first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

SEC adopts rules aimed at boosting transparency of fees and performance in mutual funds, ETFs

Federal securities regulators on Wednesday adopted rule and form amendments that impose new requirements on mutual funds and exchange traded funds.

2 years ago

‘Ugly times’ are pushing record annuity sales. Here's what you need to know before you buy

Consumers are funneling money into annuities that shield them from recent market volatility. But annuities aren't right for everyone, financial advisors said.

2 years ago

Homebuyers are making the biggest down payments in these 5 metros. Here’s how much you actually need for a house

Over the past year, down payments in the country's 50 biggest metros have ballooned by more than 35%. Here's how much you actually need, mortgage experts say.

2 years ago

Your Conventional Business Must Modernize in a Post-pandemic World

Guest Post | Oct 26, 2022 With world leaders like Joe Biden declaring that the pandemic is over, some businesses are breathing a sigh of relief after a devasting few years. But while the COVID-19 pandemic may be on its last legs, its impact on businesses continues. For one, people continue to consume services and


The post Your Conventional Business Must Modernize in a Post-pandemic World first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

5 Tips For Keeping Your Business Legally Compliant

Guest Post | Oct 26, 2022 Everyone wants to grow their small business. Before you can concentrate on acquiring customers or clients, however, you must first be sure that your company is completely legally compliant. If there is any question about your business’s legitimacy, you should handle such matters before opening your doors for the


The post 5 Tips For Keeping Your Business Legally Compliant first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Why American Tech Firms Continue to Expand their Vancouver Footprint

BIV | Tyler Orten | Oct 20, 2022 American tech companies are expanding vigorously in Vancouver, but the low dollar doesn’t appear to be the draw it once was. Joe Smolarski, chief operating office at Miami-based Kaseya Ltd. Obviously, [the loonie's 2022 decline] is a good short-term advantage.  We love the other components of that


The post Why American Tech Firms Continue to Expand their Vancouver Footprint first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Op-ed: Investing isn't a game. Take risks and make wild predictions in fantasy football, not with your money

In many ways, the highs and lows of fantasy football remind me of how many people approach investing.

2 years ago

If you're planning on tax-loss harvesting, here's the first number advisors say you should know

While tax-loss harvesting offers a silver lining in a down market, investors need to estimate their taxable income to avoid "wasting" the loss, experts say.

2 years ago