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Letter: What’s the rush to merge IIROC and MFDA?

SRO reform should serve the public interest and investors’ needs, writes John Carson of FAIR Canada

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Letter: SROs at a crossroads

Investors want regulation that will watch their back and a regulator they can trust, writes Ken Kivenko

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Letter: Proposed rules on vulnerable clients need clarification

The CSA framework is an important first step, but more details are required, writes the vice president of IIAC

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Letter: SRO merger makes sense

Streamlined regulations would benefit the industry and clients, writes Jim Rogers

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Letter: More rules don’t necessarily mean better investor protection

The regulatory response to Covid-19 has improved the investor experience, writes Ian Russell

Businessman balancing bear bull financial managing stock market illustration

From 1987 to 2020: perspectives on bear markets

It is virtually impossible to predict the opportune time to exit or re-enter the stock market

tax inspector investigating financial documents through magnifying glass, forensic accounting or financial forensics, inspecting offshore company financial papers, documents and reports.

Is self-regulation working in the public interest?

IIROC’s findings of industry misconduct require a stronger response

Downtown office buildings Toronto

The slow death of Canada’s banking ombudsman

The independent dispute resolution service has been abandoned by most of the big Canadian banks

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Letter: Advisors must embrace “factfulness”

Many advisors in Canada are providing the same kind of advice they offered 20 years ago

Stacked white books on rules and regulations

Regulatory costs weaken portfolio returns: IIAC

Aggressive deregulation agenda would not interfere with completion of the client-focused reforms, association president argues

senior couple sitting at table with financial advisor

Clients have spoken — and regulators should listen

IFIC’s recent Canadian Mutual Fund Investor Survey found that investors are very satisfied with their advisors and prefer to pay their fees indirectly

Bias on embedded commissions ban?

Investment industry players that favour a ban are either far removed from the average investor or could benefit directly from it

  • By: Mark Kent
  • July 17, 2017 November 12, 2019
  • 13:40
Letters to the editor: IIROC firms already meet the best interests of their clients

IIROC firms already meet the best interests of their clients

Regulators’ proposals to impose a best interests standard would be “duplicative and confusing”

  • By: Ian Russell
  • February 28, 2017 November 12, 2019
  • 17:00
Letters to the editor: IIROC firms already meet the best interests of their clients

Explanations are needed — please

How will removing embedded commissions enhance the client experience? And how will a fiduciary standard work exactly?

  • By: Don Janzen
  • August 15, 2016 November 12, 2019
  • 16:20
Letters to the editor: IIROC firms already meet the best interests of their clients

A cheap, simple and effective solution

By eliminating incentives, we’re driving down excellence by rewarding minimum expectation

Letters to the editor: IIROC firms already meet the best interests of their clients

Commissions influence advisors’ recommendations

The conflicts of interest in selling products with embedded commissions are enormous, as evidence shows

Letters to the editor: IIROC firms already meet the best interests of their clients

Compensation has nothing to do with being a professional

Banning a specific type of compensation will not magically turn abusers into non-abusers. They will just find new ways to abuse

Targeted rules and firm culture needed, not best interest standard

Client's best interest not effectively achieved by a specific rule or regulation

Letters to the editor: IIROC firms already meet the best interests of their clients

Only the profession itself can interpret a best interest standard

Implementing a best interest standard and leaving the oversight of advisors to the existing regulators is not a viable option

Letters to the editor: IIROC firms already meet the best interests of their clients

Letters to the Editor: No confusion, Advocis says

As the U.K. reconsiders rules banning embedded commissions, Advocis reaffirms its commitment to both raising proficiency standards for advisors and embedded compensation

Letters to the Editor: Proficiency, not commissions, reduces number of advisors

It’s worth reviewing the experience of the U.K., where advisors have faced higher proficiency standards since 2013

Letters to the editor: IIROC firms already meet the best interests of their clients

Letters to the Editor: Commission-based advisors can be held to highest standards

John De Goey’s response to Advocis fails to address how clients will suffer if many have to leave the business

Letters to the editor: IIROC firms already meet the best interests of their clients

Letters to the Editor: Confusion at Advocis?

It seems contradictory to ask for both the retention of embedded fees and higher standards for financial advisors

Letters to the editor: IIROC firms already meet the best interests of their clients

Letters to the Editor: Higher professional standards needed

To protect clients, Advocis supports a new professional accreditation for financial advisors. Failure to do so will leave regulatory gaps.

Letters to the editor: IIROC firms already meet the best interests of their clients

Embedded fees provide clients with options

Transparency issues are being addressed by CRM2