Provinces publish revised draft of Capital Markets Act
Court also asked to rule on whether the proposed new federal legislation designed to address systemic risk exceeds Parliament’s authority
William Black plans to travel to the non-participating provinces to “assure them that the door’s always open”
IIAC’s Ian Russell says regulatory move could boost support for CCMR
Ottawa is comfortable that the CCMR’s structure is consistent with the directions the SCC provided in 2011
The province is continuing to defend its power over securities legislation
As part of the provincial regulator’s priorities, it also intends to research how embedded commissions may affect advisor behaviour in the coming year
The provincial Agreement on Internal Trade could pave the way for national regulatory harmonization that will benefit both financial planners and advisors
Different rules for securities regulation are inefficient and costly