Document aims to clarify firms’ obligations under the first phase of the Client Relationship Model rules
Although some firms have made progress in establishing client suitability in recent years, other firms need to make substantial improvements
HollisWealth reps sold exempt products to clients for almost eight years without properly ensuring their eligibility
The regulator’s compliance exams found weak suitability controls and significant weakness in supervision
Advisors need to keep an eye on the changes taking place among clients, markets and companies so they can make the necessary alterations to clients’ portfolios
Rep purchased unsuitable stocks for client’s registered retirement savings plan
Avoid these common mistakes in determining the risk profiles of your clients
Clients lost approximately $1.2 million in aggressive investment strategy
IIROC panel finds former Wellington West rep failed to ensure his recommendations were suitable for his clients
