Industry regulators are taking a closer look at how investment firms are managing conflicts of interest when it comes to how financial advisers are compensated for the products they recommend to investors.
In a notice released on Wednesday, the Investment Industry Regulatory Organization of Canada (IIROC) stated that during a compliance review, it found most investment firms lacked a meaningful process to identify, deal with, monitor and supervise compensation-related conflicts.
CLARA O’HARA – Globe and Mail – April 07, 2016.
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