Lower compliance costs will allow advisors to better serve smaller investors
Proposed framework would require planners and advisors to have an "appropriate credential"
Major industry groups, SROs and investor advocates are expected to participate in the roundtable
Initial feedback to proposals generally positive
The suggestions are part of a submission on burden reduction
Can policy-makers lighten regulation and still protect investors?
Regulators need to introduce systemic changes that will control the growth of regulation, improve regulatory efficiency and reduce the regulatory burden
The regulator will look to scrap outdated rules, streamline disclosure requirements and make operational changes to enhance or speed up its dealings with the industry
Creation of internal group reflects shift in approach toward securities regulation by OSC and the provincial government
Regulators will propose eliminating redundant disclosure and making greater use of online technology to communicate with investors