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Ontario's title reform could miss the mark | Investment Executive


James Langton
Accurate labelling is Consumer Protection 101. Yet, in the retail investment business, this principle proves fiendishly difficult to implement.
The Financial Services Regulatory Authority of Ontario (FSRA) has undertaken the latest effort to ensure that individuals who call themselves financial advisors or financial planners are qualified to provide advice or planning services.
In August, FSRA published a proposed rule that sets out minimum standards to qualify as a “financial advisor” or “financial planner.” The proposal also establishes requirements credentialing bodies must meet in order to be recognized by FSRA as approved administrators of the titles.
Comment letters on FSRA’s proposed regime suggest the regulator isn’t having much more success than predecessors that sought to clean up the messy jumble of industry titles. ....

Dan Hallett , Harold Geller , Ontario Bar Association , Canadian Foundation For Advancement Of Investor Rights , Mutual Fund Dealers Association Of Canada , Investment Industry Association Of Canada , Investment Industry Regulatory Organization Of Canada , Health Insurance Association , Law Corp , Highview Asset Management Ltd , Canadian Life , Investment Industry Association , Canadian Foundation , Investor Rights , Highview Asset Management , Investment Industry Regulatory Organization , Mutual Fund Dealers Association , டான் ஹாலெட் , ஹரோல்ட் கெல்லரர் , ஆஂடேரியொ மதுக்கூடம் சங்கம் , பரஸ்பர நிதி விநியோகஸ்தர் சங்கம் ஆஃப் கனடா , முதலீடு தொழில் சங்கம் ஆஃப் கனடா , முதலீடு தொழில் ஒழுங்குமுறை ஆர்கநைஸேஶந் ஆஃப் கனடா , ஆரோக்கியம் காப்பீடு சங்கம் , சட்டம் கார்ப் , ஹைவியூ சொத்து மேலாண்மை லிமிடெட் ,