In a recent review, most exempt market dealers and portfolio managers were issued deficiency reports
The OSC's proposed research is in the planning stage the goal will be to assess the suitability of advice given to clients
Marsha Gerhart, counsel, Borden Ladner Gervais, gives tips on KYC, KYP and suitability for the exempt market. Gerhart drills down into the specific requirements for exempt market dealers and explains the interdependence of knowing your client, knowing the product -- and determining suitability. Gerhart spoke to Paula Virany, multimedia editor and video producer for Investment Executive, at the 2013 EMDA Exempt Market Dealers conference in Toronto.
Regulator plans to conduct mystery shopping exercise to gauge suitability of investment advice
Securities and Futures Commission says inadequate controls may have compromised investor suitability
Amendments detail the general obligations for dealers and reps to assess suitability of client leverage
FSA concerned about suitability of sales to unsophisticated investors
Fund salesman’s recommendations had “devastating consequences” for clients, panel says
Final report does not “accurately reflect” U.S. law
The goal of the nine principales is to promote investor protection