Monthly Archives: June 2019

Suggested Practices for Engaging With Older and Vulnerable Clients

Suggested Practices for Engaging With Older and Vulnerable Clients

 

The Canadian Securities Administrators (CSA) published a Staff Notice offering suggested practices on matters that registrants may consider when working with older or vulnerable clients, including:

-Red flags of diminished mental capacity

-Red flags of financial exploitation

-Know your client and suitability obligations

-Complaint handling

-Supervisory procedures

-Powers of attorney and limited trading authorizations

-Training employees on identifying potential financial exploitation and diminished mental capacity

-Identifying trusted contact persons

-Establishing written policies and procedures for reporting and escalating issues

-Communicating with older or vulnerable clients

The CSA recognizes that older clients are not a homogenous group and that … Continue reading

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IIAC Announces 2019 Investment Industry Hall of Fame Inductees

IIAC Announces 2019 Investment Industry Hall of Fame Inductees

 

The Investment Industry Association of Canada (IIAC) is proud to announce the 2019 Inductees into the Investment Industry Hall of Fame:

Helen Kearns, President & CEO, Bell Kearns & Associates Ltd.

James Pitblado, Former Chairman, RBC Dominion Securities Inc.

Charlie Spiring, Founder, Wellington West Holdings Inc.; Founder and Chairman Wellington-Altus Private Wealth Inc.

Eric Sprott, Founder, Sprott Securities Ltd. and Sprott Asset Management LP

Robert Wyman, Former Chairman & CEO, Pemberton Securities Inc. (Posthumous) 

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Steven Donald of CI Financial Corp. Appointed IIAC Board Chair

Steven Donald of CI Financial Corp. Appointed IIAC Board Chair

At its Annual General Meeting in Toronto today, the Investment Industry Association of Canada (IIAC) announced its 2019-2020 Board of Directors, including the appointment of Steven Donald, Executive Vice-President and Chief Risk Officer, CI Financial Corp., as IIAC Board Chair, and Benoit Lauzé, Managing Director & Head, Equity Capital Markets-Global Investment Banking, CIBC World Markets Inc., as Vice-Chair. Read More

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