Australia, the U.S. and the Netherlands top the rankings
The hearing involved two clients over age 90 sold DSC funds with seven-year redemption schedules
The deferred sales charge structure was created to preserve generous commissions for mutual fund sales
Firm cites DCSs among the factors that contributed to a lack of sales
There’s support for the CSA’s proposals, but criticism of regulators
The Ontario government, elected last June, has a policy of deregulation in general, but also is willing to interfere with policy-making directly
A summary of investor comments on CSA's proposed amendments to National Instrument 81-105
PMAC wants CSA to leave pooled funds out of client-focused reforms
The CSA is focused on introducing greater investor-protection rules while planning to eliminate some of the unnecessary rules and requirements mutual funds face
New government expresses concern about CSA’s proposals