Money from sanctions to promote investor protection
Investor compensation added to the regulator’s statement of priorities
Reasons given to individuals will now be shared with firms
EMDA calls on regulator to actively publicize new policy
Sanctions against Simply Wealth and K&S Global Wealth to be determined later
Group facing a range of market bans
Regulator expects to move towards mandatory electronic filing in the future
Although the initiative is intended to verify the accuracy of information, some advisors are concerned
Pressure mounts on the country's largest securities commission to move forward on its reform initiatives, both new and old
Regulator will contact some clients directly to confirm KYC information on file