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
New report that proposes investor protection principles
IIROC panel says rep recommended a structured product without fully understanding it
New requirements introduced earlier this month aim to provide investors with an added level of protection
Rule changes address relationship disclosure, conflicts of interest, suitability and performance reporting
Comments due by Dec. 16
Deficiencies at De Thomas Financial earn $10,000 fine
Dealers and advisors obligated to “know your client”, “know your product”