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Keyword: Suitability

26 results found

Retail investors taking too much risk: FCA

The search for higher returns is leading investors to fraudulent or unsuitable products

EU flags waving in front of European Parliament building. Brussels, Belgium

European regulators to examine suitability issues

Review will examine implementation of MiFID II requirements

Closeup of mallet being hit on stacked coins at table in courtroom

Brokerage firm sanctioned for supervisory failures

Firm failed to question sales on risky exempt securities to certain clients

Shot of a group of young businesspeople using a laptop during a meeting in the boardroom of a modern office

New subscription service helps dealer firms meet KYP requirements

ShelfMonitor scans for changes to investment products

  • By: IE Staff
  • January 14, 2020 January 14, 2020
  • 12:02
Close up of an executive hands holding a pen and indicating where to sign a contract at office

Are you still not getting KYC and suitability right?

The OSC says there is a lot of room for improvement in its 2019 summary report

rules and regulations written on folder

CSA rules on incentives inadequate, IOSCO finds

The shortcomings may be addressed through the CSA's client-focused reforms

Law concept - Law book with a wooden judges gavel on table in a courtroom or law enforcement office

Former MFDA rep permanently banned for suitability failures

Clients were advised to concentrate their holdings in precious metals sector funds

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Sales practices, suitability remain concerns for OSC

Referral cases more than doubled from 2018 to 2019

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Toronto advisor fined for making unsuitable recommendations

Rep recommended and implemented extensive margin use for two retired clients

  • May 9, 2019 November 13, 2019
  • 14:00
Closeup of mallet being hit on stacked coins at table in courtroom

Former rep sanctioned for suitability failures

The former broker admitted to recommending unsuitable high-risk investments to multiple clients