Interim rules coming in May, with new CEO, board to be named in Q2
The CSA is seeking six industry directors and eight independent directors for the board
The MFDA also issued a permanent ban to the former branch manager in Alberta
Debra Doucette takes the role as Holly A. Benson steps down
Regulators aim to name CEO, board by Q2 next year
But stakeholders say board representation for financial advisors and smaller players is inadequate
The CSA chair provided details Wednesday about the new SRO and why he's "all in" on CRM3
Understand how a settlement can unexpectedly affect you
Fees as a share of industry revenues and profits have continued to decline
The CSA hasn’t set a timeline for reforms