The goal is help firms and advisors gain a better understanding of their clients
The B.C. regulator found that the four respondents perpetrated a fraud
The settlement stems from allegations of internal control failures at the firm
The review will examine firms’ systems and policies to ensure that trade data is being reported accurately and on time
Tests should include scenarios that exceed funds’ past redemption experience
Four sanctioned in complex case involving advance knowledge of several corporate mergers
An investment advisor has been suspended for two years after IIROC staff appealed the decision to the OSC
Operations that offer such services should be mindful of whether a loan arrangement is considered a security by law
A wide range of comments recommend that the OSC tackle several key priorities, including advisor licensing
As part of the provincial regulator’s priorities, it also intends to research how embedded commissions may affect advisor behaviour in the coming year