Or should regulators intervene more directly to protect investors?
Investors get the message on the importance of research
Changeover date moved to Jan. 1, 2012
Fund companies will be required to produce document effective Jan. 1
Transition to IFRS is fast approaching
Many say that despite the regulators’ best efforts, the proposal will lead to a lower incidence of retail shareholders voting
Some share structures are contrary to the public interest
Exemption applies for one year, or until SROs’ CRM rules take effect
More improvements should be made as 2011 transition approaches
A ‘designated rating organization’ would be required to adopt code of conduct