Take the necessary steps to know your clients thoroughly and determine if one family member’s actions could put you in a conflict of interest situation
New notice cites importance of establishing special committees of independent directors to protect the interests of minority shareholders
Streamlining of rules, further guidance should be considered
Review of compensation-related conflicts reveals that disclosure alone is not sufficient
The aim is to avoid conflicts of interest when selecting reps to attend conferences
Compensation models reward reps for selling certain products
In part three of a six-part video series on regulatory changes, Dan Richards, CEO, Client Insights and Rebecca Cowdery, partner at Borden Ladner Gervais LLP, discuss the CSA's proposals concerning conflicts of interest and how advisors can get ready for a higher standard.
The SRO will make certain that its rules and guidance put the best interest of clients ahead of dealers and reps
The OSC, the MFDA and IIROC are planning reviews of fees and incentives that could negatively affect clients
FSCO examinations have found that 10% of insurance agents were not disclosing actual or potential conflicts of interest to their clients in writing, as they’re required to do