Proposal would eliminate regulatory arbitrage between seg funds and mutual funds
CSA, CCIR propose new cost reporting requirements for investment and seg funds
CCIR-CISRO proposals aim to align incentive structures with fairness principles
CCIR, CISRO consultation will also consider outright ban on upfront commissions
Document outlines key principles that regulators expect insurers and intermediaries to engrain into their daily practices
Proposal aims to “foster discussions between regulators, insurers and intermediaries on market conduct”
Revamped qualifications could discourage candidates
Single database improves access for consumers and industry stakeholders
March 23 event to discuss consultation paper
CCIR/CISRO Industry Practices Review Committee seeking comments