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Plan for new SRO gets positive reviews from advocates, industry


Michelle Schriver
Reaction to the Canadian Securities Administrators’ plan for a new single self-regulatory organization (SRO) has been positive, though industry participants say they’ll be closely watching as details of the new SRO emerge.
Investor advocate Ken Kivenko, president of Kenmar Associates, cited “strongly improved” governance relative to the existing SROs the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA).
Governance measures include strengthening the new SRO board’s independence, creating an investor advisory panel and enhancing CSA oversight.
While the changes make way for investors to be better heard, leadership of the new SRO will be critical to create a culture where investors are taken seriously, Kivenko said. ....

Katie Walmsley , Paul Bourque , Neil Gross , Jean Paul Bureaud , Ontario Securities Commission , Ombudsman For Banking Services , Portfolio Management Association Of Canada , Canadian Foundation For Advancement Of Investor Rights , Investment Funds Institute Of Canada , Paul Bureaud , Canadian Foundation , Investor Rights , Banking Services , Investment Funds Institute , Portfolio Management Association , Canadian Securities Administrators , கேடீ வால்ம்ஸ்லி , பால் பெரியூ , நீல் மொத்த , ஆஂடேரியொ பத்திரங்கள் தரகு , ஆஂபட்‌ஸ்மந் க்கு வங்கி சேவைகள் , போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் ஆஃப் கனடா , முதலீடு நிதி நிறுவனம் ஆஃப் கனடா , கனடியன் அடித்தளம் , முதலீட்டாளர் உரிமைகள் , வங்கி சேவைகள் ,

OSC to ban deferred sales charges next year


Winnipeg Free Press
By: Tara Deschamps, The Canadian Press
Posted:
Last Modified: 3:50 PM CDT Friday, May. 7, 2021
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TORONTO - The Ontario Securities Commission is moving to ban deferred sales charges on mutual funds a move that will harmonize the watchdog s policy on such fees with the rest of the country.
The TSX is shown on a business news ticker is seen in the Financial District in Toronto, Monday, March 9, 2020. The Ontario Securities Commission says it will move toward banning deferred sales charges on mutual funds in the province. THE CANADIAN PRESS/Cole Burston
TORONTO - The Ontario Securities Commission is moving to ban deferred sales charges on mutual funds a move that will harmonize the watchdog s policy on such fees with the rest of the country. ....

Cole Burston , Katie Walmsley , Jean Paul Bureaud , Ontario Securities Commission , Portfolio Management Association Of Canada , Canadian Foundation For Advancement Of Investor Rights , Financial District , Canadian Securities Administrators , Portfolio Management Association , Canadian Foundation , Investor Rights , Canadian Press , கேடீ வால்ம்ஸ்லி , ஆஂடேரியொ பத்திரங்கள் தரகு , போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் ஆஃப் கனடா , நிதி மாவட்டம் , போர்ட்‌ஃபோலீயோ மேலாண்மை சங்கம் , கனடியன் அடித்தளம் , முதலீட்டாளர் உரிமைகள் , கனடியன் ப்ரெஸ் ,