The Canadian Securities Administrators have announced the dates for roundtables to further explore issues raised in Proposals to Enhance the Obligations of Advisers, Dealers and Representatives Toward Their Clients, which proposes regulatory action to improve the client-registrant relationship, including a regulatory best interest standard, accompanied by guidance, that would form an over-arching standard and governing principle against which all other client obligations would be interpreted. The deadline for written comments on the consultation paper is September 30, 2016. More info, including dates and location for the scheduled roundtables, can be viewed here.

About BLG

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.