Keyword: Embedded commissions

152 results found
Gavel and judgement on desk

The lawsuit has been filed on behalf of discount brokerage clients who allegedly paid excessive management fees on mutual mutuals

stock market world economy abstract

MFDA publishes investor bulletin on mutual fund fees

Similar cases have been filed against 1832 Asset Management and TD Asset Management

guidelines and regulations binders

The move is intended to reduce regulatory uncertainty following the CSA’s plan to propose rule changes

Bank of Nova Scotia, Toronto, On

The announcement follows a similar proposal against TD Asset Management launched in April and the CSA’s proposal to ban mutual fund firms from paying discount brokerages trailer fees

senior couple sitting at table with financial advisor

Industry groups and investor advocates agreed on some of the proposed rules, but opinions were divided on the decision to allow embedded commissions to remain in place

Downtown office buildings Toronto

Dealers and advisors can breathe a sigh of relief that there is no blanket ban on trailer commissions and no statutory best interest standard

  • By: IE Staff
  • June 21, 2018 November 17, 2019
  • 10:05
financial advisor explaining investment plan to couple on laptop at office desk

But regulators are banning DSCs and enhancing regulatory requirements for registrants to avoid situations that place them in a conflict of interest

Most advisors surveyed for this year's Dealers' Report Card were strongly against regulators banning embedded commissions

New lawsuit and SRO proposals could affect CSA’s decision