When you’re busy with clients, you struggle to keep up with regulatory initiatives.
So law firm Borden Ladner Gervais (BLG) has created a snapshot of regulatory activity in the financial services sector. The document looks at recent IIROC, OSC and MFDA cases, as well as lawsuits launched against firms and advisors.
For example, BLG outlines the outcomes of two IIROC cases: one involves a branch manager who’s been suspended and fined over supervisory failures, and the other involves an advisor who has to pay $20,000 and rewrite his CPH exam over unsuitable recommendations.
As well, the report discusses initiatives such as CRM II and IIROC’s new code of conduct for the Canadian dollar offered rate.
To view the BLG report, click here.
For more on CRM II, read: