Editorial: Any mechanism that cedes more policy control to the industry risks allowing regulation to be used as a competitive weapon
The province will “consult extensively with stakeholders” on effort to restrict the use of financial planning titles and impose proficiency requirements on financial planners
Financial planners need to continue to lobby for their regulation as a profession in law
IIROC, Advocis and others support enforcement measures in Ontario budget
The introduction of restrictions to using the financial planner title as well a new statutory best interest standard will provide much needed clarity for clients
Ontario’s government intends to work with the province’s financial regulators on many of the Expert Committee’s recommendations
Committee proposes restrictions on the use of advisors' titles
The report makes several recommendations dealing with titles and credentials that are likely to have a significant impact on many in the investment industry
Advisor credentials and titles are set to change, but an agreement on how appears to be a long way off
The mutual fund industry trade group’s submission pushes back against some of preliminary recommendations of the Expert Committee