Advocis encouraging advisors, clients to oppose commissions ban

The Autorité des marchés financiers (AMF) is launching a new industry advisory committee focused on issues facing the investment fund sector.

The AMF is seeking representatives from product manufacturers and distributors, along with investor advocates, to serve on the new committee, which will provide the regulator with feedback on emerging issues and the regulatory framework for investment products, including mutual funds, ETFs and segregated funds.

The committee will include up to 15 members from the industry and other organizations, along with representatives from the AMF. The initial participants will be appointed for a three-year term, which may be extended.

The deadline for applications to join the committee is May 5.