Ombudsman for Banking Services and Investments – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 18 Apr 2024 22:08:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Ombudsman for Banking Services and Investments – Investment Executive https://www.investmentexecutive.com 32 32 CIRO seeks stiffer enforcement sanctions https://www.investmentexecutive.com/news/from-the-regulators/ciro-seeks-stiffer-enforcement-sanctions/ Thu, 18 Apr 2024 22:08:17 +0000 https://www.investmentexecutive.com/?p=484344 SRO proposes doubling maximum fines, toughening suspensions

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]]> Ontario budget voices support for OBSI reform https://www.investmentexecutive.com/news/from-the-regulators/ontario-budget-voices-support-for-obsi-reform/ Tue, 26 Mar 2024 20:03:44 +0000 https://www.investmentexecutive.com/?p=482762 Government endorses OSC's investor protection, capital formation efforts

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]]> U.S. investor advocates take aim at RIA arbitration https://www.investmentexecutive.com/news/from-the-regulators/u-s-investor-advocates-take-aim-at-ria-arbitration/ Fri, 02 Feb 2024 19:34:27 +0000 https://www.investmentexecutive.com/?p=479755 Firms use forced arbitration to discourage clients from pursuing complaints

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]]> CSA unveils binding authority for OBSI https://www.investmentexecutive.com/news/from-the-regulators/csa-unveils-binding-authority-for-obsi/ Thu, 30 Nov 2023 12:00:52 +0000 https://www.investmentexecutive.com/?p=476165 Regulators propose long-awaited reforms to enhance industry dispute-resolution system

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]]> CIRO’s investor office sets broad agenda https://www.investmentexecutive.com/news/from-the-regulators/ciros-investor-office-sets-broad-agenda/ Tue, 14 Nov 2023 14:01:38 +0000 https://www.investmentexecutive.com/?p=475232 Group to focus on investor-advisor relationships, complaints, suitability

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]]> OBSI named sole provider for bank complaints https://www.investmentexecutive.com/news/from-the-regulators/obsi-named-sole-provider-for-bank-complaints/ Tue, 17 Oct 2023 21:55:26 +0000 https://www.investmentexecutive.com/?p=473540 Finance also announced measures to tackle bank fees and mortgage relief

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]]> With complaints soaring, OBSI fees set to climb https://www.investmentexecutive.com/news/from-the-regulators/with-complaints-soaring-obsi-fees-set-to-climb/ Fri, 13 Oct 2023 18:53:36 +0000 https://www.investmentexecutive.com/?p=473356 Banks to bear the brunt of fee increase, as case volumes jump

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]]> Regulators report rise in crypto complaints https://www.investmentexecutive.com/news/from-the-regulators/regulators-report-rise-in-crypto-complaints/ Thu, 12 Oct 2023 21:10:43 +0000 https://www.investmentexecutive.com/?p=473195 JRC report details complaints to OBSI involving mutual fund suitability, low-ball settlements

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]]> OBSI adds two consumer interest directors to board https://www.investmentexecutive.com/news/from-the-regulators/obsi-adds-two-consumer-interest-directors-to-board/ Mon, 26 Jun 2023 20:01:36 +0000 https://www.investmentexecutive.com/?p=467984 Governance changes follow consultation and independent review

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]]> FCAC seeks single body for bank complaints https://www.investmentexecutive.com/news/from-the-regulators/fcac-seeks-single-body-for-bank-complaints/ Thu, 11 May 2023 18:50:28 +0000 https://www.investmentexecutive.com/?p=465439 Applications due June 26 for the job of enhancing complaint handling

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