Positive industry trends were the most prominent factors
Rep fined after switching a nonagenarian's account into a DSC fund
Some advisors have moved from DSCs to seg funds with chargebacks
Editorial: Closing the gap between insurance and securities rules removes a tangible risk for clients
CCIR, CISRO consultation will also consider outright ban on upfront commissions
Investor advocates remain concerned that deferred sales charge mutual funds are still being sold up until the June 1 ban
The firm is also renaming certain mutual funds and eliminating the O series of nine funds
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation
The move will officially retire CI’s legacy boutique investment brands
Regulators are granting relief from certain CFR requirements to allow DSC sales until a ban takes effect