OBSI – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Mon, 26 Jun 2023 20:05:08 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png OBSI – Advisor's Edge https://phoenix.advisor.ca 32 32 OBSI adds two consumer-interest directors to board https://phoenix.advisor.ca/news/industry-news/obsi-adds-two-consumer-interest-directors-to-board/ Mon, 26 Jun 2023 19:58:28 +0000 https://www.advisor.ca/?p=227618 Governance changes follow consultation and independent review

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]]> OSC’s Investor Advisory Panel to focus on crypto, CRM3 in year ahead https://phoenix.advisor.ca/news/industry-news/oscs-investor-advisory-panel-to-focus-on-crypto-crm3-in-year-ahead/ Tue, 30 May 2023 18:44:20 +0000 https://www.advisor.ca/?p=226093 The IAP is also pushing for reforms to the dispute resolution process

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]]> Budget promises reform to banking complaints https://phoenix.advisor.ca/news/industry-news/budget-promises-reform-to-banking-complaints/ Tue, 28 Mar 2023 23:03:50 +0000 https://www.advisor.ca/?p=223638 FCAC charged with selecting single, external complaints body

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]]> Banking complaints agencies report record numbers for 2022 https://phoenix.advisor.ca/news/industry-news/banking-complaints-agencies-report-record-numbers-for-2022/ Fri, 17 Mar 2023 19:35:45 +0000 https://www.advisor.ca/?p=223097 OBSI, ADR Chambers report double-digit increase in case openings

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]]> Review recommends binding powers for OBSI — again https://phoenix.advisor.ca/news/industry-news/review-recommends-binding-powers-for-obsi-again/ Mon, 13 Jun 2022 18:46:29 +0000 https://www.advisor.ca/?p=210544 It remains up to regulators to act on long-standing recommendation

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]]> OBSI releases strategic plan amid increased scrutiny https://phoenix.advisor.ca/news/industry-news/obsi-releases-strategic-plan-amid-increased-scrutiny/ Tue, 11 Jan 2022 20:16:42 +0000 https://www.advisor.ca/?p=204676 Promises for action on OBSI have repeatedly gone unmet, however

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]]> Ex-OSC chief Maureen Jensen to helm OBSI https://phoenix.advisor.ca/news/industry-news/ex-osc-chief-maureen-jensen-to-helm-obsi/ Thu, 23 Sep 2021 19:48:35 +0000 https://www.advisor.ca/?p=200359 Jensen joined OBSI's board and is tapped to be the next chair

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]]> Two firms refused to compensate clients last year, report says https://phoenix.advisor.ca/news/industry-news/two-firms-refused-to-compensate-clients-last-year-report-says/ Fri, 06 Aug 2021 17:05:15 +0000 https://www.advisor.ca/?p=198288 OBSI’s Joint Regulators Committee said client compensation has fallen $1.3 million short of the recommended payout over three years

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]]> IIROC drops expanded OBSI reporting proposal https://phoenix.advisor.ca/news/industry-news/iiroc-drops-expanded-obsi-reporting-proposal/ Thu, 13 May 2021 18:51:58 +0000 https://www.advisor.ca/?p=195162 Reporting changes will be rolled into a bigger project on complaints, investigations

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]]> Cases are up at OBSI, but client compensation is down https://phoenix.advisor.ca/news/industry-news/cases-up-at-obsi-but-client-compensation-is-down/ Thu, 29 Apr 2021 19:11:10 +0000 https://www.advisor.ca/?p=194402 Both the number and average size of successful complaints about investment firms dropped in 2020

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