Financial planners and advisors who are securities registrants will need to use financial planning principles to deliver investment advice
Implementing a best interest standard and leaving the oversight of advisors to the existing regulators is not a viable option
IIAC’s priorities for the year include countering this major regulatory initiative, as well as the issues facing small and mid-sized dealers, rule harmonization and parallel registration
The Ontario regulator has released its 2016-2017 statement of priorities
Provincial difference of opinion on a new standard for advisors does not presage a divided co-operative securities regulator
The SRO’s new strategic plan points out it will look at a possible “best interest” standard and regulatory restructuring, among other key issues
Possible reform of mutual fund fees
Editorial
Regulators, investor advocates and the investment industry have varying and deeply entrenched views about the CSA’s proposed reforms
Not all member regulators are in agreement