FP Canada has updated its Standards of Professional Responsibility with two new conduct rules. The first new rule is related to naming of a Trusted Contact Person (TCP). The second new rule is related to Conflicts of Interest, specifically prohibiting financial...
The Canadian Securities Administrators’ (CSA) Staff Notice 81-334, provides guidance on the disclosure of investment funds as along with guidance relating to a new fund classification – the ESG Limited Consideration Fund. The Notice also clarifies the CSA’s view...
CIRO has released a new webcast highlighting the CIRO Compliance Priorities Report for 2024. The webcast covers topics such as Client Focused Reforms, upcoming changes to the compliance program, cybersecurity, along with many other topics. Investment Dealer webcast...
To reduce market inefficiencies, Canadian and U.S. securities markets are moving to a standard trade settlement cycle of T+1 for investments that currently settle on a T+2 basis. According to a new report from Moody’s Ratings, the move to a T+1 settlement cycle in...
The Ontario Securities Commission (OSC) released their Strategic plan, identifying the OSC’s central goals for 2024 to 2030. The Strategic Plan highlights a shift in the OSC’s approach to retail investors. It also includes tougher, more visible enforcement, increased...
CIRO is seeking feedback on its proposed new approach to its fee model. Fund dealer fees are currently calculated based on assets under administration (AUA). Under the proposed integrated fee model, fund dealer fees would be calculated based on both the size of their...
