CCIR, CISRO consultation will also consider outright ban on upfront commissions
Investor advocates remain concerned that deferred sales charge mutual funds are still being sold up until the June 1 ban
The firm is also renaming certain mutual funds and eliminating the O series of nine funds
A client eligible for no-loads funds was instead sold a DSC fund to boost the rep's compensation
The move will officially retire CI’s legacy boutique investment brands
Regulators are granting relief from certain CFR requirements to allow DSC sales until a ban takes effect
The regulator has adopted rule changes to end DSCs by June 2022
The firm is discontinuing both options for its imaxx mutual funds at the end of June
The province changed its position based on “overwhelming” support for a harmonized ban
Editorial: The challenge for the industry is to devise a revolutionary new way to serve clients