OSC report sets out common deficiencies uncovered in compliance reviews
Board approves changes following industry consultations
Although the initiative is intended to verify the accuracy of information, some advisors are concerned
Sale of Promittere shares raises disclosure and suitabililty concerns with MFDA
Toronto session will give investors the opportunity to ask questions, discuss the methodology, and provide feedback to OBSI staff
Mytting promised to guarantee the future value of an account, made unsuitable recommendations
Advisors and their firms should avoid the growing trend of blaming clients if it is their own processes that are at fault
The firm, its CEO and chairman admit to breaching KYC and suitability obligations
Suitability has been a particularly problematic area
One of the major risks faced by consumers trying to save more is buying and being sold unsuitable products