Regulator clarifies its response to concerns arising from survey of mutual fund reps
Large fund dealers, with high rep numbers, to bear brunt of higher annual fee
CIRO provides guidance on new education, experience requirements for reps
Compromised data is starting to show up on the dark web
Plus, several firms announce fund changes
Regulators set out proposed approach to oversight, external reviews
SRO proposes rule changes, calls for an industry-wide technological solution
Research "showed a statistically significant association" between sales pressure and recommendations not in client interests
Reps' concerns have been documented for years in IE's Report Card research
Expanded fund reporting requirements to take effect in 2026