A study of mutual fund ownership and fees across North America
National Bank Direct Brokerage (NBDB) says its clients will now be able to carry out online trades of exchange-traded funds listed on a U.S. market with no commissions
01 IIROC compensation review In April, IIROC published guidance on managing compensation-related conflicts after reviewing 20 firms. The review identified three concerns: disclosure gaps, a lack of oversight of compensation grids and policies, and a shift to fee-based accounts without supervision or risk monitoring. The guidance, along with CSA’s proposal on banning embedded commissions, indicates […]
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Further regulatory action isn't yet needed, banks argue, so a ban would carry lots of risk
Report on regulation in 16 jurisdictions concludes there is no consensus to deal with conflicts
It's time for change, advisor suggests
It's unethical, say advisors
One advisor sounds off
Series A funds shouldn't be provided through discount brokers, for example