Dissatisfaction with most of the major regulators that oversee the financial services sector has increased in the past year thanks, in part, to ongoing concern that small dealers are being pushed aside by larger industry players.
April 19, 2018
Dissatisfaction with most of the major regulators that oversee the financial services sector has increased in the past year thanks, in part, to ongoing concern that small dealers are being pushed aside by larger industry players.
April 19, 2018While some of the regulators have seen their ratings remain stable, others have had wild swings in theirs
Survey participants raise several concerns
Although the BCSC's ratings increased year-over-year, no other regulators in the survey experienced a similar fortune
The investment industry wants regulators to make a decision on embedded commissions once and for all
IE research journalist Anthony Burton spoke with 108 survey participants from across the investment industry
While some survey participants said regulators should be doing more about cybersecurity, others said the onus is on the industry
Provincial regulators were recognized for facilitating fintech, but some survey participants still had concerns
Regulators are doing a better job of protecting investors without restricting business, but more needs to be done
The OSC, BCSC and ASC were praised for making life easier for smaller dealers, but the same can't be said for the SROs and the AMF
There are complaints that larger firms comprise an outsized proportion of the SROs' boards and these firms have a greater voice
Findings from the 2023 Report Card series showed advisors are entrepreneurial but still seek business guidance and support from their firms
Branch-based advisors and planners said they appreciated certain support offered by their banks, but there's still room for improvement.
Dealer firms may be losing ground in their quest for financial advisors’ approval, according to this year's Report Card
The Report Card, which celebrates its 30th anniversary in 2023, highlights the resiliency and innovation of many of Canada’s investment advisors in the face of…