New CSA rule will spell changes to proficiency requirements, compliance systems, among other things
BCSC fines Investors Group for registration failing
Some groups say rule proposals are too costly
Changes give members greater flexibility in designing their compliance systems
Rules come into force on Sept. 28
Proposed changes include new “executive” category
National Registration Database to be shut down in September
The CSA says reforms are expected to come into force at the end of September
Castlemore to pay $5,500 in fines and fees