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Latest news in Regulators’ Report Card

A little more love?

Dealers’ relationships with their regulators may be thawing

Dealers say regulators are getting a bit better at their jobs

Some of the largest increases in this year’s ratings relate to the quality of regulators’ communication with the industry <b>(includes chart)</b>

Regulators under fire for investigative processes

Dealers are wondering if regulators looked into every client complaint because of media pressure during the downturn

Satisfaction with regulators increases among small dealers

Although small firms laud regulators’ efforts in communications, they are still concerned about their fees

  • By: Olivia Li
  • April 1, 2010 November 11, 2019
  • 10:01

Dealers concerned that auditors lack expertise

Regulators counter that auditors are well trained but cannot be expected to know everything about a particular business

Regulators score higher on communication

Dealers still have beefs; but in general, they say, regulators are improving transparency, timeliness

High regulation costs still irritate some dealers

Other dealers, however, say they are getting fair value from regulators for the fees they pay

Inconsistency the issue with enforcement

All dealers are not treated the same; Canada’s regulatory structure shares the blame

Improvements are critical for dealer satisfaction

Executives at dealers across Canada cite various ways in which regulators could better serve the financial services industry

Dealers looking for direction

Guidance and more communication on dealers’ wish lists

The cost of regulation is high — perhaps too high

Dealers recognize the worth of regulators but fear they may be paying too much, given the value they receive

Small dealers struggle under regulatory burden

Most say the regulators make it tough for them to survive. But, regulators say, they have a job to do

Dealers rate the regulators’ work

The financial services industry can debate the best strategy to deliver regulation, but no one debates the need for regulation. Credible markets require credible oversight.…

  • By: IE Staff
  • March 31, 2009 November 11, 2019
  • 11:42