The change will result in more than $700K of savings for registrants
A special advisor to the commission shares how the OSC might shift its approach
Two open discussion sessions are scheduled for May
Lower compliance costs will allow advisors to better serve smaller investors
Proposed framework would require planners and advisors to have an "appropriate credential"
Major industry groups, SROs and investor advocates are expected to participate in the roundtable
Initial feedback to proposals generally positive
The suggestions are part of a submission on burden reduction
Can policy-makers lighten regulation and still protect investors?
Regulators need to introduce systemic changes that will control the growth of regulation, improve regulatory efficiency and reduce the regulatory burden