The vast majority of COs and executives surveyed for this year's Report Card say the CRM 2 reforms will change the sector
Prema Thiele, partner at Borden Ladner Gervais LLP, breaks down the challenges of implementing the second phase of the Client Relationship Model. She explains how CRM 2 can make the advisor/client relationship stronger, and enhance your business.
Notice answers questions regarding new cost and performance reporting and account statement requirements
Report outlines new initiatives including guidance for working with senior investors
IIROC’s proposals spell out its plan for its version of the CRM 2 rules
The expectation is that portfolio managers will meet with clients during account openings and annual reviews
Amendments would revise rules to mirror the CSA’s CRM 2 requirements on relationship disclosure, transaction fees and trade confirmations
New deadline for investment dealers is March 26, 2014
SROs need to follow the CSA’s timeline for CRM 2 implementation
An effective relationship disclosure information form should be more than a regulatory document, say legal experts