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Government, and not securities firms should determine degree of foreign ownership allowed in stock and bond business, lawyer A
Government, and not securities firms should determine degree of foreign ownership allowed in stock and bond business, lawyer A

Government, and not securities firms should determine degree of foreign ownership allowed in stock and bond business, lawyer A

Date11/16/1971
Names
(photographer)
Format
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Language
ProvenanceCourtesy: Toronto Star Photograph Archives
CollectionToronto Star Photograph Archive
Usage Rights Copyright (Learn More)
Copyright HolderToronto Star (Firm)
Call Number / Accession NumberTSPA_0129264F
Foreign ownership of investment firms is a problem for domestically-owned companies if it allows financial advantages, James Cronyn said today. Toronto bond man appeared at hearing of Ontario government committee pondering ownership of investment companies. Main issue: What controls on ownerships?
Foreign ownership of investment firms is a problem for domestically-owned companies if it allows financial advantages, James Cronyn said today. Toronto bond man appeared at hearing of Ontario government committee pondering ownership of investment companies. Main issue: What controls on ownerships?
11/9/1971
Special study of ownership of stock and bond firms, was directed by Harry Bray (left), vice-chariman of Ontario Securities Commission, supervised by O(...)
Special study of ownership of stock and bond firms, was directed by Harry Bray (left), vice-chariman of Ontario Securities Commission, supervised by O(...)
5/11/1972
Trevor Moore, chairman of a committee which studied the impact of foreign ownership in the Canadian stock and bond business, is shown at press conference
Trevor Moore, chairman of a committee which studied the impact of foreign ownership in the Canadian stock and bond business, is shown at press conference
6/15/1970
A reassuring calm is one of the tools of the trade for Ted Curtis, Ontario mortgage supervisor for IAC Ltd, Curtis is the new president of the Ontario Mortgage Brokers Association, which has proposed a mechanism wherby mortgages could be bought and sold as securities in a manner similar to stock and bond trading. Payment to investors would be guaranteed under scheme, similar to one in U.S.
A reassuring calm is one of the tools of the trade for Ted Curtis, Ontario mortgage supervisor for IAC Ltd, Curtis is the new president of the Ontario Mortgage Brokers Association, which has proposed a mechanism wherby mortgages could be bought and sold as securities in a manner similar to stock and bond trading. Payment to investors would be guaranteed under scheme, similar to one in U.S.
6/23/1977
William R. Lilliott, chairman of U.S.-owned Merrill Lynch, Royal Securities Ltd. of Toronto, is scheduled to become the new chairman of the Toronto Stock Exchange (TSE) board of governors. The Georgia-born former U.S. submarine officer was the first representative of a foreign-owned brokerage firm to be elected to the exchange board. He's optimistic that markets will begin to rise.
William R. Lilliott, chairman of U.S.-owned Merrill Lynch, Royal Securities Ltd. of Toronto, is scheduled to become the new chairman of the Toronto Stock Exchange (TSE) board of governors. The Georgia-born former U.S. submarine officer was the first representative of a foreign-owned brokerage firm to be elected to the exchange board. He's optimistic that markets will begin to rise.
5/19/1977
Antique scales are simply office decoration for lawyer James DaCosta, but they are likely to be regarded as very real sales of justice by his visitors. DaCosta, 46, becomes top enforcement officer for the Ontario Securities Commission in September - the man in charge of keeping Bay Streeters in line. He's been a specialist in mining and securities law for many years.
Antique scales are simply office decoration for lawyer James DaCosta, but they are likely to be regarded as very real sales of justice by his visitors. DaCosta, 46, becomes top enforcement officer for the Ontario Securities Commission in September - the man in charge of keeping Bay Streeters in line. He's been a specialist in mining and securities law for many years.
7/29/1975
Jim MacKnight, a partner in Richardson Securities, keeps an eye on stock options-a hot, fast-moving market in the U
Jim MacKnight, a partner in Richardson Securities, keeps an eye on stock options-a hot, fast-moving market in the U
6/4/1975
New president: Management titles have yet to be decided but Frank Lamont, managing partner of Richardson Securities of Canada, will probably be president when the merger of that firm and Greenshields Inc
New president: Management titles have yet to be decided but Frank Lamont, managing partner of Richardson Securities of Canada, will probably be president when the merger of that firm and Greenshields Inc
6/29/1982
Making his case against retroactive controls one froreign ownership of companies in securities business, Donald Webb, vice-president of Merrill Lynch,(...)
Making his case against retroactive controls one froreign ownership of companies in securities business, Donald Webb, vice-president of Merrill Lynch,(...)
11/15/1971
Chartered accountants George Ovens (left) and Don Beach discuss their book, Business and Securities Valuation. The 400-page textbook, for students and businessmen, was released yesterday. Most Canadians will never pay capital gains tax, says Ovens, and a lot of people are unnecessarily panicking.
Chartered accountants George Ovens (left) and Don Beach discuss their book, Business and Securities Valuation. The 400-page textbook, for students and businessmen, was released yesterday. Most Canadians will never pay capital gains tax, says Ovens, and a lot of people are unnecessarily panicking.
1/3/1972
Martin Moskovits Product development gives way to foreign firms' interests.
Martin Moskovits Product development gives way to foreign firms' interests.
6/15/1990
Al Coleclough: Top enforcement officer in Ministry of Consumer and Commercial Affairs admits the government isn't doing an adequate job of inspecting the firms it has licensed to operate. He is revamping and retraining his division to better handle mortgage-brokerage firms.
Al Coleclough: Top enforcement officer in Ministry of Consumer and Commercial Affairs admits the government isn't doing an adequate job of inspecting the firms it has licensed to operate. He is revamping and retraining his division to better handle mortgage-brokerage firms.
6/26/1980