Wealth Professional forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Wealth Professional | 22 Dec 2014, 11:51 AM Agree 0
WP had a 30-minute discussion with IIAC's CRM2 expert Friday. Their rationale for extending the implementation by six months makes sense. Here’s why.
  • Average Investment Dealer | 22 Dec 2014, 01:13 PM Agree 0
    It takes well over 12 years for the provincial commissions to construct CRM, and yet they demand investment firms implement very expensive and time-consuming structural and operational changes, the most sweeping in the history of the investment industry, in a matter of three years, much less adhere to bizarre mid-July implementation dates.

    This is what you get in the absence of a single securities regulator. This is what you get when national regulatory policies are dreamed up by individuals who have never spent a day working within the investment firms they seek to regulate. This is a national embarassment.
  • | 22 Dec 2014, 03:15 PM Agree 0
    Thank you.
  • Will Ashworth | 22 Dec 2014, 05:00 PM Agree 0

    You are so right. A national securities regulator would have helped in this situation.
  • Ken Kivenko | 31 Dec 2014, 04:44 PM Agree 0
    The industry has blocked nearly every regulatory reform over the past decade including the Fair Dealing Model in 2004. It should come as no surprise that it is not trusted.More battles re embedded fees and Best interests are on the horizon. The average retail investor is fed up with the opposition to investor protection.
Post a reply