Proposed ban on embedded commissions not justified, says IFIC

Proposed ban on embedded commissions not justified, says IFIC

1 Comments
  • 2017-01-12 6:29:13 PM
    In the US the IRAs control over 70% of the market share
    They have wonderful platforms to take their fee based business like Schwab
    In Canada the banks control over 70%
    Case in point we cannot even get ETFS done right and low cost on the MFDA PLATFORM
    Who controls the major IROC firms?
    It wouldn't be the banks would it?
    If the regulators want MFDA firms out of business just say so and don't beat around the bush and make it a slow death
    How many MFDA members are there today vs five or ten years ago?


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