Proposals aim to address issues exposed in financial crisis, scandals
The former rep was also ordered to pay a $500,000 fine for securities violations
The firm agreed to a $157,500 fine and will repay 6,000 affected clients
The SRO provides clarity ahead of new year-end requirements, noting how products, fees and even ESG should be discussed
Early rollovers result in higher sales charges, suitability issues
Vancouver dealer's differential compensation favoured socially responsible funds and portfolio funds
Ontario's auditor general said the OSC could have acted sooner to address "hidden and unfair" fund fees
The regulator is set to examine banks' product shelves and tied selling
FSRA issues guidance on credit unions' market conduct frameworks
Incentive structure favoured in-house funds over third-party funds, regulator found