Listen to this Soundbites episode<\/a>, featuring John Yanchus, tax and estate planning consultant with Canada Life.<\/em><\/div>\nThe Investment Industry Regulatory Organization of Canada has long advocated for a merger with the Mutual Fund Dealers Association of Canada (MFDA), while the MFDA has called for more fundamental reform with the creation of a new SRO that would cover all registered firms, with market regulation carved out.<\/p>\n
Vingoe said regulators have considered the fundamental role of SROs and how they should be structured, governed and overseen by the provincial regulators.<\/p>\n
Regulatory staff who have been grappling with those questions are now on the verge of making their recommendations to the CSA chairs, who will ultimately make the final decision on the future design of self-regulation.<\/p>\n
Without hinting at where the CSA will land, Vingoe said features such as efficiency, responsiveness, governance and an understanding of how the retail investment business has evolved in recent years will be “paramount considerations” for the regulators in reaching their final conclusion.<\/p>\n
That critical policy verdict is expected to be publicly announced by early summer.<\/p>\n","protected":false},"excerpt":{"rendered":"
Regulatory staff are expected to deliver recommendations to CSA chairs in the coming weeks<\/p>\n","protected":false},"author":147314,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2324,2312],"tags":[2638,3609],"yst_prominent_words":[4825,81114,81113,81111,56815,55247,19187,8813,7334,6864,6705,6694,6212,5348,12,4784,4711,2116,1804,14],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/420230"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/147314"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=420230"}],"version-history":[{"count":4,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/420230\/revisions"}],"predecessor-version":[{"id":420284,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/420230\/revisions\/420284"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=420230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=420230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=420230"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=420230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}