Rule changes by IIROC would make the CSA requirements redundant
CSA oversight review says SRO failed to adequately resolve issues raised in 2015
Streamlining of rules, further guidance should be considered
The amendments are intended to ensure the transition to the T+2 settlement cycle takes place on Sept. 5 and is harmonized with the U.S.
Thanks to new evidence, Ravindra Kumar Suppal’s fine was reduced to $50,000 from $150,000 and his suspension was reversed
The regulator released a video providing advice for senior investors on what to consider when their existing advisor retires
New legal tools strengthen investor protection
Under the MoU, the two regulators will share information about investigations and disciplinary activity and may also undertake joint investigations
Andrew Kriegler also pointed out during a discussion that the words “best interest” are already an integral component of IIROC’s rules
Decision finds that IIROC did not err in its decision to fine and ban the former portfolio manager for five years