Tag Archives: targeted reforms

A Preliminary Assessment of the CSA Reforms to the Client-Advisor Relationship (IIAC Blog)

A Preliminary Assessment of the CSA Reforms to the Client-Advisor Relationship (IIAC Blog)

On June 21, the Canadian Securities Administrators (CSA) released its long-awaited proposed reforms related to the client-registrant relationship. The CSA has done a commendable job in reaching consensus on a package of harmonized rules and guidelines to achieve best interest/client-first conduct between registrants and their clients, and in promoting a regulatory level playing field across all securities registrants.

The proposed rules leverage the existing SRO rules framework and add additional requirements in core aspects of the retail business, including Know Your Client, Suitability, Know Your Product, and conflicts of interest. Developing clearly … Continue reading

Tagged:

Comments Off on A Preliminary Assessment of the CSA Reforms to the Client-Advisor Relationship (IIAC Blog)