Regulators aim to name CEO, board by Q2 next year
The CSA's plan received broad support, but there's plenty of work to do on the details
Not responding will result in a much harsher penalty
Proposed changes include a requirement to report information security breaches
The contingency fund for the Canadian mutual fund dealer industry is aiming to boost its reserves to $50 million over the next several years
Dealers to fund MFDA IPC payouts to clients of insolvent W.H. Stuart
Dorothy Sanford succeeds Joni Alexander
It’s not yet clear how much the MFDA’s Investor Protection Corp. may have to pay out
In the event of a large loss, the MFDA Investor Protection Corp. would cover the first $30 million, and insurance another $20 million
Increase to be phased in over seven years