Suitability – 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 – 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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]]> Fund rep sanctioned for allowing ‘stealth advising’ https://www.investmentexecutive.com/news/from-the-regulators/fund-rep-sanctioned-for-allowing-stealth-advising/ Wed, 06 Nov 2024 18:18:10 +0000 https://www.investmentexecutive.com/?p=496155 Leverage strategy deployed on the down low resulted in hefty financial losses

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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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]]> CIRO unveils next wave of rule consolidation https://www.investmentexecutive.com/news/from-the-regulators/ciro-unveils-next-wave-of-rule-consolidation/ Thu, 17 Oct 2024 20:40:49 +0000 https://www.investmentexecutive.com/?p=494971 Approval regime, proficiency are among areas covered in latest consultation

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]]> OSC looks to play the long game https://www.investmentexecutive.com/news/from-the-regulators/osc-looks-to-play-the-long-game/ Thu, 10 Oct 2024 21:01:33 +0000 https://www.investmentexecutive.com/?p=494509 Regulator details vision for retail funds that hold long-term assets

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]]> Don’t go down with your client’s ship https://www.investmentexecutive.com/inside-track_/ellen-bessner/dont-go-down-with-your-clients-ship/ Mon, 30 Sep 2024 20:00:13 +0000 https://www.investmentexecutive.com/?p=493613 Use these three steps to deal with clients who insist on unsuitable investments

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]]> Avoid being sued over KYP shortfalls, expert tells IAFP symposium https://www.investmentexecutive.com/news/industry-news/avoid-being-sued-over-kyp-shortfalls-expert-tells-iafp-symposium/ Mon, 30 Sep 2024 19:18:21 +0000 https://www.investmentexecutive.com/?p=493661 Advisors should conduct independent analysis, educate clients, write detailed notes

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]]> Investors open to AI input on financial advice, report finds https://www.investmentexecutive.com/news/from-the-regulators/investors-open-to-ai-input-on-financial-advice-report-finds/ Wed, 11 Sep 2024 17:16:29 +0000 https://www.investmentexecutive.com/?p=492479 OSC finds investors favour human-AI combo, no fear of AI advice

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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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]]> Fund managers diversify amid sales slump: Fitch https://www.investmentexecutive.com/news/research-and-markets/fund-managers-diversify-amid-sales-slump-fitch/ Fri, 06 Sep 2024 17:19:54 +0000 https://www.investmentexecutive.com/?p=492244 Competition and regulation pressuring firms' margins, earnings

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