New lawsuit and SRO proposals could affect CSA’s decision
Although 63.5% of advisors surveyed for the Report Card favour regulators addressing concerns surrounding the use of embedded commissions, opinions were split regarding the right approach: a ban or enhanced transparency
The self-regulatory organization hopes to spark a discussion on mutual fund cost reporting
The self-regulatory organization expects firms to rebate the portion of a mutual fund’s trailing commission that is related to advice
The action against TD Asset Management claims damages of $200 million
Regulator pledges to publish rule proposals for the introduction of a best interest standard in the coming year
The investment industry wants regulators to make a decision on embedded commissions once and for all
After a year of intense debate over a ban on embedded commissions, all eyes are on the CSA
If embedded commissions are banned, many clients would probably lose access to advice
Speakers at Advocis symposium represent a variety of perspectives and opinions