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Wealth Professional | 29 Jan 2015, 10:39 AM Agree 0
What’s in a title? Increasingly it had better be accuracy, according to IIROC, who are preparing to get tough on firms that allow advisors to imply an expertise that simply doesn’t exist through the use of misleading job titles and/or designations.
  • larry elford | 29 Jan 2015, 06:02 PM Agree 0
    I am not sure if IIROC has the moral ability to mention that the word "advisor" (as it is spelled using "or") is claimed by CSA (Canadian Securities Adminstrators legal representative Chris Besko, to be a mere "title" and therefore NOT regulated, and it is the legislated spelling of "adviser" (spelled "er") which is in fact what is legally regulated. This little "lie" by omission leaves millions of Canadians quite duped and fooled into thinking they are in one kind of trusted financial relationship, when in they are simply being deceived. IIROC, it is past time to stand like a man and act accordingly, or fold like the child…

    (Chris Besko's comments herein:
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