Fewer issuers required to take action to improve their disclosure, CSA reports
CSA sets out recommendations to improve relationship disclosure practices
Amendments ensure all investors receive the same information about the cost and performance of their investments
Discussion will focus on whether dealers and advisors should be subject to a best interest standard when providing advice to retail clients, and the alternatives to such a standard
Securities regulators release three-year business plan
The regulation of access has become ever more critical to the overall regulation of electronic trading
Industry members discuss possible costs of adopting a statutory best interest standard for advisors and dealers
CSA extends deadline for fund rule comments
Fund companies must use Fund Facts document instead of a simplified prospectus but point-of-sale disclosure is still on hold
Eleanor Farrell, director, Office of the Investor, Ontario Securities Commission, discusses the consultation paper on the introduction of a statutory best interest standard for advisors and dealers. She outlines five concerns the Canadian Securities Administrators have with the current know your client, suitability, and know your product standard. Farrell spoke at the CIRPs annual conference in Niagara Falls, Ont.