Advisors have a responsibility to ensure they’re using social media in a compliant manner
Suitability has been a particularly problematic area
Abuse of the accredited investor exemption is the number one problem, says OSC manager
Review outlines concerns with disclosure, governance, listing and auditing
The changes are being put forward in response to the provincial securities regulators’ registration reform rules
Deadline for applications is Feb. 29
Gary Legault is the Association of Canadian Compliance Professionals chair for 2012
A dealer’s examination cycle may change
Draft is a response to rule changes resulting from registration reform
Updated guidance indicates that all methods of communication, including social media, are subject to the IIROC’s rules