Will pay up to $106 million
Regulator expecting better enforcement results
Platform gives access to advisors and clients
Ratings for ongoing training take a hit, while fewer advisors appear to hold designations
IFBC responds to OSC review committee
Mutual reliance system would offer cost savings
But some also acknowledge the ethical issue, that sales goals can be contrary to the client’s best interest
So far, changes brought by the new MFDA have been relatively insignificant, but full-scale reviews begin this fall
Proposed amendments to alter board composition fail to pass