The exemptions were previously slated to end on Nov. 30
Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages
The industry has until 2026 to adopt the requirements
Ontario court rules that discount brokers' receipt of trailing commissions was not considered illegal before the June 2022 ban
Temporary relief aims to help firms implement new rules on June 1
The firm agreed to a $157,500 fine and will repay 6,000 affected clients
An Ontario court rejected a motion to appeal the certification decision in a BMO funds case
The firm also announced various risk-rating and fund-names changes
The firm is also renaming certain mutual funds
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation