Best interest standard would likely increase litigation risk
In part two of a three-part series, John Fabello, securities lawyer and partner, Torys LLP, discusses the potential legal definitions of a best interest standard. He explains how a best interest standard would be viewed by courts and regulators and discusses the possible litigation impact on advisors. He spoke with Patricia Chisholm, senior editor, Investment Executive at the TMX Broadcast Centre in Toronto.
- By: Patricia Chisholm, John Fabello
- February 18, 2014 October 30, 2019
- 15:25