Byron Capital Markets Ltd. has refused an OBSI compensation request in the amount of $41,149.
Ontario’s electoral candidates stressed the need to simplify securities regulation at a debate last week, but fumbled a simple question about OBSI’s powers.
OBSI is defending its “naming and shaming” of firms that refuse compensation recommendations.
There’s an elephant in the room, and the OSC’s Investor Advisory Panel (IAP) wrote a letter about it.
The Ombudsman for Banking Services and Investments says Monarch Wealth Corp. won't compensate a young couple $30,628.
The Ombudsman for Banking Services and Investments (OBSI) has announced the refusal of Armstrong & Quaile to compensate a retired couple in excess of $34,000.
The Ombudsman for Banking Services and Investments says Richardson GMP is refusing to compensate several investors.
OBSI’s arms are now twice as long, but weaker than ever.
CSA has published final amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. These amendments require all registered dealers and advisers to use the OBSI as the common dispute resolution service (DRS), except in Québec where the mediation regime administered by the Autorité des marchés financiers will continue to apply. Read: CSA […]
Participants warned a fiduciary duty will raise compliance and insurance costs for advisors.