IIROC seeks input on changes to plain language rulebook
Unauthorized discretionary by Adam Woodward caused significant client losses, regulator says
Emphasis is on CRM2, cybersecurity and conflicts of interest
The former BMO Nesbitt Burns advisor admitted he sold new issues to clients, in part, to generate additional commissions for himself and the firm
The report examines segmentation, market quality measures, and differences in routing behaviour around the TSX Alpha Exchange redesign
The current approach to calculating a minimum fee is unnecessarily complex
The Thunder Bay, Ont., advisor raised more than $500,000 from clients off-book
The filing of one consolidated report with IIROC is expected to be more efficient for firms
New guidance effective immediately
IIROC correct in concluding that fromer rep was dealing with clients