NEWS WATCH
The board of directors of the Investment Dealers Association (IDA) has approved a proposal to separate the group into a trade association and a separate regulatory body. The idea still requires support from a majority of the brokerage services firms that make up the corporate membership of the IDA. But change is possible.
iTrust Institute is studying the key features, perceived potential & benefits of income trusts starting from the premise that:
Equities managed and structured like income trusts to flow net gains through to owners by way of frequent and regular distributions of cash can offer superior rates of overall return, support market growth, enhance economic productivity and contribute to growth of the tax base with less risk than other equities given honest managers and a fully competitive market supported by open communications.
We will test this notion and explore related questions.