Cost and competency, two words that cut to the heart of the impact a monopoly can have when dominating a market. One such monopoly may be affecting consumers of financial services and Canadians can thank IIROC, the national financial services regulator for granting that monopoly.
This week on RegWatch learn why the Investment Industry Regulatory Organization decided to extend the American owned Canadian Securities Institute’s sole-provider contract for base-training of Canada’s financial professionals. And, hear the reaction from top industry stakeholders who say the CSI is overcharging and under delivering – only on RegWatch by RegulatorWatch.com.
RegulatorWatch.com – October 27, 2015.