Proposals to Enhance the Obligations of Advisors, Dealers and Representatives Toward Their Clients Comments due: September 30, 2016
The Canadian Securities Administrators (CSA) – the umbrella organization of Canada’s provincial and territorial securities regulators that includes the Ontario Securities Commission (OSC) – believe that the current regulatory framework requires improvements and that the status quo must change. The CSA has proposed a number of changes to improve the investor-advisor relationship. The OSC, along with most other CSA members, is also seeking comments on a proposed "best interest standard." Learn more.