A special advisor to the commission shares how the OSC might shift its approach
The firm was also suspended in Alberta, B.C., Manitoba and Saskatchewan
Ray Kindiak has been appointed to a two-year term
Proposed changes include a requirement to report information security breaches
Craig Hayman was appointed to a two-year term
Regulators for several provinces announced an agreement with the FCA on Friday
The changes are to be phased in over two years, starting later this year
Two open discussion sessions are scheduled for May
Proposed framework would require planners and advisors to have an "appropriate credential"
The firm has agreed to a $100,000 fine, along with other conditions