La première phase du MRCC exige une évaluation continue et plus rigoureuse de la convenance des produits vendus aux clients.La première phase du Modèle de relation client-conseiller (MRCC), en vigueur au pays depuis le printemps 2014, jette les bases d'une refonte de la relation entre les conseillers et leurs clients.
Depuis un certain temps, les autorités s'inquiètent de la hausse de l'endettement des ménages canadiens. Elles portent maintenant une attention spéciale aux emprunts aux fins d'investissement, puisque les comptes sur marge atteignent des niveaux inégalés.En outre, les organismes de réglementation veulent s'assurer que les courtiers et les conseillers respectent leurs obligations en matière de convenance et de divulgation lorsque leurs clients utilisent des stratégies de levier.
Les jeunes investisseurs (21-36 ans), communément appelés la génération Y, représenteraient la génération la plus conservatrice sur le plan fiscal depuis la Grande dépression. La crise financière de 2008 les aurait rendus craintifs, selon une recherche de UBS Wealth Management Americas.
The so-called "mystery shopper," in which a researcher poses as a client to assess the quality of services provided in real-world conditions, may be coming to a brokerage firm near you. The Ontario Securities Commission (OSC) is proposing to use this tactic in order to evaluate the quality of financial advice that retail investors are receiving.Amid regulatory deliberations over whether to require that financial advisors act in the best interests of their clients and/or to intervene in the long-standing industry practice of mutual funds paying embedded commissions to dealers and advisors, regulators are aiming to get a better understanding of the current quality of retail financial advice.
THE ONTARIO SECURITIES COMMISSION (OSC) is hosting a series of unprecedented policy hearings in June that could set the stage for the fundamental transformation of retail investment regulation in Canada in the years ahead.In the next several weeks, the hearings will air out the critical issues of fiduciary duty, mutual fund fees, prospectus exemptions (including a possible new "crowdfunding" exemption) and enforcement reforms (most notably, the potential use of "no contest" settlements).
Financial advisors in the dealer channel are enjoying stellar growth, but - with a rapidly aging sales force and evolving client expectations - the future is uncertain for these advisors.At a time when the Canadian economy is limping along and domestic investment markets are lagging, advisors in the dealer business are turning in some impressive top-line results. According to Investment Executive's (IE's) 2013 Dealers' Report Card, average assets under management (AUM) have risen to a new high of $27.8 million - a stunning 17% increase from $23.7 million a year ago.
The unfortunate loss of a lone laptop by a regulatory employee now is reverberating throughout the Canadian regulatory system.When the Investment Industry Regulatory Organization of Canada (IIROC) revealed that an employee had lost a mobile device containing the unencrypted personal financial information of more than 50,000 brokerage clients earlier this year, the immediate concern was for the clients whose data could be compromised.The damage to IIROC's reputation and possible fallout for the 32 firms with affected clients followed close behind. But it appears that the effects may extend beyond those immediate impacts.
Les données financières personnelles des 52 000 clients contenues sur un appareil mobile perdu par un employé de l'Organisme canadien de réglementation du commerce des valeurs mobilières du Canada (OCRCVM) sont particulièrement vulnérables, car le dispositif n'était pas crypté, selon le régulateur.