Home Breadcrumb caret Industry News Breadcrumb caret Industry Regulators’ bond transparency proposal flawed: IIAC IIAC president and CEO Ian Russell examines the flaws in the CSA’s proposed transparency system, and explains what he views as the optimal approach. By Staff | December 9, 2015 | Last updated on December 9, 2015 1 min read In September, CSA released proposals aimed at enhancing transparency in fixed-income markets, which has been the object of intense regulatory scrutiny. In his most recent industry letter, IIAC president and CEO Ian Russell discusses the existing CanPX transparency system and the flaws in the CSA’s proposed system, and explains what he views as the optimal approach. Russell argues that the “IIROC debt surveillance system that underpins the new transparency model is unlikely to provide sufficient flexibility needed for an effective transparency system.” In his view, “[t]he optimal approach would seem to be an amalgam of the proposed transparency approach based on the new IIROC surveillance system, and the existing CanPX transparency system.” Read more here. Also read: What’s behind reduced bond liquidity? Consider distressed bonds for returns Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo