Topic RSSNew Wealthsimple savings account: 2.50%
September 3, 2026
2:08 pm
2:08 pm
AR
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August 20, 2019
August 20, 2019
Offline"MF Global Canada Co. timeline:
The 2-Week Transfer: Within two weeks of MF Global Canada's bankruptcy declaration in early November 2011, the Court-appointed Trustee (KPMG Inc.), with financial support and backing from the CIPF, successfully transferred approximately 7,800 customer accounts to RBC Dominion Securities Inc., ensuring near-immediate continuity for everyday retail investors.
The "4+ Years" Delay: The subsequent years of litigation and accounting on CIPF's books were due to complex, cross-border corporate estate wind-downs, such as resolving proprietary claims with the U.S. chapter 11 trustee and UK affiliates, rather than outstanding retail investor claims." As per google ai.
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