Firm's systems failed to spot clients who were eligible for cheaper fund series
Sweeping compliance review finds issues with fund industry charging practices
More than one-third of millennial DIY investors surveyed in Canada have invested in cryptocurrencies
Temporary relief aims to help firms implement new rules on June 1
The SRO provides clarity ahead of new year-end requirements, noting how products, fees and even ESG should be discussed
The proposed rules are designed to ensure a higher standard of consumer protection
This strategy can work well for wealthy clients with large TFSA balances
Average monthly revenues down, expenses up since Covid-19 hit
The bank was fined $400,000 after it overcharged seniors $31 million
New regulations take effect Nov. 15