Suitability obligations – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Fri, 15 Nov 2024 14:16:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Suitability obligations – Investment Executive https://www.investmentexecutive.com 32 32 CIRO sanctions supervisory lapses at Desjardins https://www.investmentexecutive.com/news/from-the-regulators/ciro-sanctions-supervisory-lapses-at-desjardins/ Fri, 15 Nov 2024 14:16:00 +0000 https://www.investmentexecutive.com/?p=496774 Firm failed to oversee trading activity by a couple of its reps

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]]> NASAA adds best interest standard to model rule https://www.investmentexecutive.com/news/from-the-regulators/nasaa-adds-best-interest-standard-to-model-rule/ Mon, 04 Nov 2024 19:53:45 +0000 https://www.investmentexecutive.com/?p=495966 Group seeks revisions to U.S. state rule that match SEC's Reg BI reforms

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]]> ASIC calls for distribution improvements https://www.investmentexecutive.com/news/from-the-regulators/asic-calls-for-distribution-improvements/ Tue, 10 Sep 2024 18:09:18 +0000 https://www.investmentexecutive.com/?p=492387 Poorly designed KYC questionnaires at the heart of recent enforcement actions

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]]> BCSC, fund manager settle compliance issue case https://www.investmentexecutive.com/news/from-the-regulators/bcsc-fund-manager-settle-compliance-issue-case/ Tue, 02 Jul 2024 20:23:15 +0000 https://www.investmentexecutive.com/?p=488675 Firm resolved allegations of KYC, suitability, conflict failures

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]]> Do your notes pass the sniff test? https://www.investmentexecutive.com/inside-track_/ellen-bessner/do-your-notes-pass-the-sniff-test/ Mon, 08 Apr 2024 19:35:33 +0000 https://www.investmentexecutive.com/?p=483363 Here are three steps to prove suitability

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]]> ESMA finalizes first set of crypto standards https://www.investmentexecutive.com/news/from-the-regulators/esma-finalizes-first-set-of-crypto-standards/ Mon, 25 Mar 2024 17:56:39 +0000 https://www.investmentexecutive.com/?p=482660 Regulators craft detailed standards to implement new crypto regime

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]]> CIRO’s investor office sets broad agenda https://www.investmentexecutive.com/news/from-the-regulators/ciros-investor-office-sets-broad-agenda/ Tue, 14 Nov 2023 14:01:38 +0000 https://www.investmentexecutive.com/?p=475232 Group to focus on investor-advisor relationships, complaints, suitability

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]]> NASAA details investment advisers’ compliance issues https://www.investmentexecutive.com/news/from-the-regulators/nasaa-details-investment-advisers-compliance-issues/ Mon, 11 Sep 2023 18:17:24 +0000 https://www.investmentexecutive.com/?p=471326 Registration, record-keeping and supervisory deficiencies were most common in firms' exams

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]]> U.S. brokers need work on best interest compliance https://www.investmentexecutive.com/news/from-the-regulators/u-s-brokers-need-work-on-best-interest-compliance/ Tue, 05 Sep 2023 21:15:48 +0000 https://www.investmentexecutive.com/?p=471055 Firms make token effort to raise standards, cling to suitability, NASAA finds

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]]> Portfolio manager settles KYC, suitability issues https://www.investmentexecutive.com/news/from-the-regulators/portfolio-manager-settles-kyc-suitability-issues/ Thu, 27 Jul 2023 19:05:44 +0000 https://www.investmentexecutive.com/?p=469337 BCSC orders eight-year ban, alongside $60,000 penalty

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