The voluntary protocols set out expectations on the roles and responsibilities of the various firms that handle meeting vote reconciliation
Most issuers identify cybersecurity as a material risk, but few provide specific insight into their vulnerability to cybersecurity incidents, the CSA finds
The new rules are part of Canada’s effort to meet its G20 commitments to reform global OTC derivatives markets following the global financial crisis
The regulatory roundtable, which takes place on Feb. 27 at the OSC’s offices, will examine how the industry would respond to such incidents
The CSA's paper envisages a sweeping ban on trailer fees
Although the industry is in favour of expanding investors' access to alternative investments, investor advocates are opposed
Dan Richards, CEO, Client Insights and Lynn McGrade, partner at Borden Ladner Gervais LLP, discuss how advisors and investors may benefit from the Canadian Securities Administrators’ proposal to make alternative funds available to retail investors.
But PMAC stands behind the CSA’s concerns with these compensation arrangements and says regulators are “taking a bold step forward”
Although regulators have yet to make a decision on the matter, they’re formally considering whether to mandate a “direct pay” structure
The association notes that the CSA’s and the self-regulatory organizations’ rules already address compensation-related conflicts of interest