Submission to the SRO’s white paper suggests that removing the 270-day rule would “begin to unravel the current SRO system”
There can be “significant consequences” if a firm incorrectly treats a pension income stream product as not being a security
The self-regulatory organization notes that John Phillip Watts failed to use sufficient due diligence to ensure investment recommendations to four clients were suitable
Prospective presenters are invited to submit written proposals outlining specific issues for discussion
The SRO says dealers lack a process for identifying reps that recommend products that generate higher revenue when cheaper alternatives exist
The total sanctions imposed in 2015 increased year over year, while the collection rate fell
Award recognizes new generation of professionals in the investment industry
The regulators will work together to strengthen consumer protection in Ontario
However, Canada’s securities dealers are firmly in favour of IIROC proposal to allow them to hire mutual fund-only reps
120-day comment period ends July 8