The two regulators aim to bolster investor protection
The IAP notes such provisions were recently adopted in the U.S.
The provincial regulators placed significant efforts through video and other campaigns to make investors aware of these growing issues
The initiative, to be known as World Investor Week, will feature regulators around the world launching investor-focused campaigns in October
The IAP’s seven new members are Neil Gross, Malcolm Heins, Paul Bates, Jacqueline Allen, Larry Bates, Patti Best and Harvey Naglie
Regulators must have the courage to foster a responsive regulatory climate while protecting investors
FAIR Canada and CARP are worried that the OSC, a leading advocate of investor protection, would be subsumed into the new national regulator
Forthcoming proposals will include enhanced disclosure, heightened supervision
The legislation would weaken reforms put in place by the Dodd-Frank Act in response to the financial crisis
The latest annual report from the OSC’s independent advisory group says the time has come to introduce a best interest standard and eliminate embedded commissions