The Canadian Investment Regulatory Organization (CIRO) has selected Fitch Learning as its new service provider for Approved Persons of investment dealers. CIRO is working closely with the Canadian Securities Institute (CSI) to ensure a seamless transition to the new...
The Ontario Securities Commission (OSC) released an annual Summary Report providing an overview of the activities of the Investment Management Division. Highlights include the OSC review of fund managers’ use of discretion in setting risk ratings and the analysis of...
In its 2024 Fall Economic Statement, the Ontario government proposed the creation of a new licensing regime for life and health insurance intermediaries, such as managing general agents (MGAs). The government pledged new oversight aimed at enhancing consumer...
The Canadian Investment Regulatory Organization’s (CIRO) has proposed a set of proposed reforms to its investment dealer arbitration program and extending to the mutual fund dealer sector. The proposed changes would enhance the accessibility, efficiency and...
The Ontario Securities Commission (OSC) has released findings from a study, which highlights the challenges faced by retail investors, in evaluating the ESG attributes of investment funds and how the lack of standardization in these ratings, impact investor decisions....
The Financial Transactions and Reports Analysis Centre of Canada, (FINTRAC) has issued a special bulletin to warn banks and securities dealers about the risks of illicit activity involving legal professionals. FINTRAC lists activities such as the misuse of client or...
