Ethics

Industry still waiting for best interest clarity

At the National Institute on U.S.-Canadian Securities Litigation in Toronto this week, regulators and litigators discussed industry developments. Best interest standard at a standstill? Panellists expressed concern about the best interest standard’s regulatory uncertainty and unintended consequences for advisors and firms’ business models. For example, the OSC needs to clarify the difference between a best […]

By Michelle Schriver |October 5, 2017

3 min read

What IIROC found in its conflict of interest rule review

IIROC, the self-regulatory body for securities dealers, reviewed its Rule 42 last year dealing with conflicts of interest, uncovering some problems related to disclosures and compensation. IIROC surveyed firms in June 2016 to assess the effectiveness of the new conflict of interest rule. Ian Russell, head of IIAC, the industry advocacy group for IIROC members, […]

By Staff |June 30, 2017

2 min read

Credit union offers SRI-qualified GICs

Mennonite Savings and Credit Union has become the first Canadian financial institution to make sure all its GICs qualify as socially responsible investments (SRI).

By Staff |January 8, 2016

1 min read

Ethical investing in trusts

What to watch for with this emerging trend

By Elaine Blades and Paul Fensom |October 30, 2015

4 min read