Firms failed to ensure that investors got fund fee rebates, waivers
SRO sets out common requirements, contemplates shift to annual CE cycle
Rep circumvented registration limits to trade wider range of securities
CSA issues new guidance, consults on possible future reforms to address AI advances
Proposals aim to boost investor protection around proprietary fund sales
Regulators cite concerns about high-pressure sales tactics in bank branches
OSC to delegate registration to CIRO, rest of CSA considering it too
Leverage strategy deployed on the down low resulted in hefty financial losses
Reforms would extend program to fund dealers, expand monetary limits, fund certain costs
Acts in furtherance of a trade violated securities rules