The client-focused reforms will require you to demonstrate that you’ve considered a “reasonable range of alternatives”
CSA, SROs provide guidance on client-focused reforms requirements
The regulator is launching a pair of advisory committees to inform policy-making
Proposal is one of several set out in SRO's priorities for the current year
Regulators will use feedback to develop guidance
Conflict provisions have been delayed by six months, while disclosure has been pushed back by a year
Investor protection and industry innovation highlight the SRO's compliance priorities
Engaging with regulators is an important part of ensuring new rules are implemented effectively
Amendments include changes to suitability, know-your-client, conflict of interest and disclosure provisions