Industry groups and investor advocates agreed on some of the proposed rules, but opinions were divided on the decision to allow embedded commissions to remain in place
Dealers and advisors can breathe a sigh of relief that there is no blanket ban on trailer commissions and no statutory best interest standard
But regulators are banning DSCs and enhancing regulatory requirements for registrants to avoid situations that place them in a conflict of interest
The effects of financial abuse frequently go well beyond the pocketbook
CSA issues a second request for comment
The new guidance aims to address when an offering of tokens involves an offering of securities
Regulators will propose eliminating redundant disclosure and making greater use of online technology to communicate with investors
IIROC’s role as information processor expanded
New lawsuit and SRO proposals could affect CSA’s decision
An oversight review from CSA notes only two low- and medium-priority issues, which are being addressed