Industry

MFDA membership disclosure rule to come into effect next year

Aim is to create client awareness about SRO

By Staff |April 12, 2018

1 min read

IFSE launches career resource for financial services sector

The IFSE Institute has launched an interactive career tool to allow financial services professionals to explore different jobs in the sector. The educational arm of the Investment Funds Institute of Canada launched Career Pathways this week, which is organized into four categories: The tool allows professionals to explore various jobs in the financial services sector, […]

By Staff |April 12, 2018

1 min read

IIROC guidance for compensation conflicts expected in June

IIROC has released an update report on its policy priorities. The SRO says it expects to issue a guidance note on compensation-related conflicts in June 2018. In a review last year, IIROC found firms had compensation disclosure gaps, a lack of oversight of compensation grids and policies, and a lack of supervision for fee-based accounts. […]

By Staff |April 11, 2018

1 min read

IIROC takes action as advice evolves

IIROC has issued final guidance to clarify the products, tools and information that order-execution-only (OEO) firms can provide to investors. Of note, the guidance says model portfolio tools are generally considered recommendations and therefore aren’t suitable for OEO firms, which take advantage of the suitability exemption, to use with clients. However, certain model portfolios are […]

By Staff |April 10, 2018

2 min read