Banks block online sale of cash ETFs that compete with bank savings products - The Globe and Mail
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7/4/2022 12:00:00 AM2 years 10 months ago
by Clare O’Hara
by Clare O’Hara
The discount brokerage arms at Royal Bank of Canada, Bank of Montreal and Toronto-Dominion Bank do not allow do-it-yourself investors to purchase high-interest-savings ETFs
A Toronto-Dominion Bank bank branch in Ottawa on May 26, 2016.Chris Wattie/Reuters Some of Canadas largest banks are blocking online investors from buying high-interest-savings exchange traded funds… [+5224 chars]
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