Many U.S. investors confused about which type of financial professional to retain
Analysis examines the question of whether it is necessary to introduce a fiduciary duty on advisors in Canada
David Di Paulo, securities litigation partner, Borden Ladner Gervais, discusses two major regulatory concerns facing advisors. He discusses the impact of current legislative changes regarding elderly clients, and explains how a “best interest” standard would alter the landscape for the investment industry. Di Paulo spoke at the 2013 Independent Financial Brokers Fall Summit in Toronto.
Planners say bill would undermine efforts to impose new fiduciary standards
A fiduciary standard should be meet the needs of broker-dealers and investment advisors
Litigation lawyers are divided about the potential effects of a new rule imposing a best interest test on advisors
The CSA and the OSC have been dealing with two hot-button topics. Their positions are expected to be revealed soon
Review of best interest standard we will consider the impact that advisor titles and proficiency standards have on investor protection
One of the arguments from the financial services industry against some of the more radical reforms currently under consideration is that regulators should wait and see whether changes already in the works will solve their concerns. If so, some suggest, more invasive interventions may be unnecessary. For example, at an industry roundtable hosted by the […]
The third OSC roundtable prompted a discussion on designations, fees and enforcement