Tribunal Finds Emerge Canada Mismanaged Cathie Wood-Linked ETFs

Canada's securities regulator ruled that Emerge Canada, which sold Toronto-listed versions of Cathie Wood's exchange-traded funds, took self-dealing loans, maintained improper records, and failed to act in the best interest of its funds. The tribunal found the investment firm engaged in these practices while managing the ETF products. Emerge Canada has since ceased operations.

• Bloomberg — Tribunal Finds Emerge Canada Mismanaged Cathie Wood-Linked ETFs

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