And Canada’s securities industry is in the midst of significant changes that signal a new era in investor information, as well as opportunities for advisors to strengthen their client relationships.
The MFDA has published for public comment proposed amendments to MFDA Rules 2.8.3 (Rates of Return), 5.3 (Client Reporting) and 5.4 (Trade Confirmations).
The Canadian Securities Administrators has approved rule changes IIROC made in order to implement CRM II.
CSA's comments on CRM II have a prominent securities lawyer wondering if regulators are contemplating CRM III.
To help support member firms, IIAC has formed six work streams, each made up of teams of experts from member firms, to collaborate on solutions and drive the rule implementation process forward.
Got questions about CRM II? Answer is probably yes, and hopefully they’re covered in the FAQ guidance CSA released today.
IIAC has formed a CRM2 working group
The Investment Industry Regulatory Organization of Canada (IIROC) today published for comment proposed IIROC rule amendments to increase the transparency of account performance, and account fees and charges.
New regulations mean advisors must bring the A-game.
Three years is a long time, right?