IIROC has released a FAQ on client relationship management.
Issues IIROC addresses include:
- Does the requirement to provide pre-trade disclosure of charges apply to trades in segregated funds?
- Many accounts charge a standard amount or standard percentage for all or most account trades. Is pre-trade disclosure necessary in advance of each trade if the same amount/percentage is charged for all or most trades?
- How do order execution only dealers provide the necessary pre-trade disclosure for pending mutual fund trades?
Read more here.