Dass decision contradicts Taub ruling
A hearing panel of the Investment Industry Regulatory Organization of Canada has fined BMO Nesbitt Burns Inc. $300,000 for using improper sales literature.On Oct. 10, a hearing panel of IIROC accepted a settlement agreement between IIROC staff and the brokerage firm.Nesbitt Burns admitted that:> from March 2003 to May 2005, it participated in the production […]
New deadline is Dec. 29
Report makes recommendations on transparency, conflicts of interest, and use of credit ratings
Definition of the Personal Financial Planning Process is far too narrow under the proposed rule, Institute says
Provisions also address failed trade activity
IIROC should think hard about the costs and benefits of its proposed rule
Association calls on regulators to create a model that can operate for both the mutual fund and securities industries
The regulator has increased the surveillance of trading activity on Canadian equity marketplaces during the current market turmoil
IIROC’s suggestions do not come close to addressing the issues