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New financial regulations always spark some reaction in the industry, and so it is the case with CRM2. Quebec’s leading association of independent advisors, the PAFSA, recently railed against the powers that be when it released a press release stating that it is “… disappointed with the new regulations. We were never consulted, and the regulators crushed us like a steamroller … We want politicians and regulators to join us at a round table to discuss the impact on advisors and on customers.” Anyone who has ever felt the pressure of the big banks owes a tip of the hat to PAFSA head Flavio Vani.
Professional Association of Financial Services Advisors [PAFSA]
04-1600 Henri-Bourassa West Montreal, QC H3M 3E2