Regulation

CSA’s one-size-fits-all proposal is short-sighted, say industry comment letters

Firms and advisors require flexibility to serve different clients. That’s the emerging theme in comment letters from investment houses on CSA’s proposed targeted reforms and best interest standard. In a comment letter, four partners from Borden Ladner Gervais (BLG) sum up the consensus: “A one-size-fits-all regulatory regime does not recognize different […] business models and […]

November 25, 2016

5 min read

IIROC rep fined, suspended over due diligence failures

On November 4, 2016 a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Sherman Dahl.

By Staff |November 21, 2016

2 min read

Compliance officers targeted for enforcement

Expect more enforcement actions on compliance officers.

November 18, 2016

2 min read

Why SEC Chair White’s departure could hurt U.S. advice industry

SEC Chair White will leave "two critical initiatives" in the hands of her successor.

By Staff |November 17, 2016

1 min read