Embedded commissions – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Tue, 30 Jan 2024 20:26:26 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Embedded commissions – Investment Executive https://www.investmentexecutive.com 32 32 Trailer fee class action gets green light https://www.investmentexecutive.com/news/from-the-regulators/trailer-fee-class-action-gets-green-light/ Tue, 30 Jan 2024 20:18:44 +0000 https://www.investmentexecutive.com/?p=479481 Fourth case certified involving funds paying trailers to discount brokers

The post Trailer fee class action gets green light appeared first on Investment Executive.

]]> Proposed trailer fee class action denied again https://www.investmentexecutive.com/news/from-the-regulators/proposed-trailer-fee-class-action-denied-again/ Fri, 26 Jan 2024 19:33:22 +0000 https://www.investmentexecutive.com/?p=479355 Firms were allowed to collect trailers before the CSA ban, court rules

The post Proposed trailer fee class action denied again appeared first on Investment Executive.

]]> Court certifies another trailer-fee class action https://www.investmentexecutive.com/news/from-the-regulators/court-certifies-another-trailer-fee-class-action/ Wed, 20 Dec 2023 22:25:00 +0000 https://www.investmentexecutive.com/?p=477702 Case against 1832 Asset Management L.P. is the latest to secure certification

The post Court certifies another trailer-fee class action appeared first on Investment Executive.

]]> OSC aces audit follow-up, government needs work https://www.investmentexecutive.com/news/from-the-regulators/osc-aces-audit-follow-up-government-needs-work/ Wed, 06 Dec 2023 19:42:17 +0000 https://www.investmentexecutive.com/?p=476695 Decision on tougher investor protection measures coming by end of 2025

The post OSC aces audit follow-up, government needs work appeared first on Investment Executive.

]]> Ontario clients split on compensation in seg funds: poll https://www.investmentexecutive.com/news/research-and-markets/ontario-clients-split-on-compensation-in-seg-funds-poll/ Fri, 13 Oct 2023 17:34:32 +0000 https://www.investmentexecutive.com/?p=473186 Respondents to FSRA survey had mixed views on how they preferred to pay financial advisors

The post Ontario clients split on compensation in seg funds: poll appeared first on Investment Executive.

]]> Regulators extend exemptions for discount brokers to comply with trailer ban https://www.investmentexecutive.com/news/from-the-regulators/regulators-extend-exemptions-for-discount-brokers-to-comply-with-trailer-ban/ Thu, 31 Aug 2023 19:27:02 +0000 https://www.investmentexecutive.com/?p=470886 The exemptions were previously slated to end on Nov. 30

The post Regulators extend exemptions for discount brokers to comply with trailer ban appeared first on Investment Executive.

]]> Funds falling short on value for investors, U.K. regulator says https://www.investmentexecutive.com/news/from-the-regulators/funds-falling-short-on-value-for-investors-u-k-regulator-says/ Thu, 10 Aug 2023 17:38:13 +0000 https://www.investmentexecutive.com/?p=469889 FCA says there's work to be done in terms of ensuring value and enhancing competition

The post Funds falling short on value for investors, U.K. regulator says appeared first on Investment Executive.

]]> Court pauses rival series of trailer-fee lawsuits https://www.investmentexecutive.com/news/from-the-regulators/court-pauses-rival-series-of-trailer-fee-lawsuits/ Thu, 03 Aug 2023 14:22:09 +0000 https://www.investmentexecutive.com/?p=469646 Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages

The post Court pauses rival series of trailer-fee lawsuits appeared first on Investment Executive.

]]> SEC commissioners criticize enforcement rationale https://www.investmentexecutive.com/news/from-the-regulators/sec-commissioners-criticize-enforcement-rationale/ Tue, 28 Feb 2023 17:01:02 +0000 https://www.investmentexecutive.com/?p=461166 Regulators objected to applying "best execution" duties to fund selection

The post SEC commissioners criticize enforcement rationale appeared first on Investment Executive.

]]> Discount brokers can’t be sued over pre-ban trailers, court rules https://www.investmentexecutive.com/news/from-the-regulators/discount-brokers-cant-be-sued-over-pre-ban-trailers-court-rules/ Mon, 23 Jan 2023 23:11:44 +0000 https://www.investmentexecutive.com/?p=459113 Ontario court rules that discount brokers' receipt of trailing commissions was not considered illegal before the June 2022 ban

The post Discount brokers can’t be sued over pre-ban trailers, court rules appeared first on Investment Executive.

]]>