Ontario Targets Unethical Financial Advisers with New Industry Measures

Date:

The Ontario government announced measures on Friday aimed at protecting investors from unethical advisers and enhancing oversight of the financial-services industry.

Legislation will be proposed giving industry regulators the right to enforce disciplinary action and fines through the courts, Finance Minister Charles Sousa said in a speech at a financial-advice conference in Toronto.

“This measure will improve the self-regulatory organizations’ ability to collect fines levied against individuals and help deter potential offenders from wrongdoing in the first place,” he said.

Read full article here.

Tim Shufelt And Janet Mcfarland – Globe and Mail – March 31,  2017.

Want More Investigative Content?

Curate RegWatch
Curate RegWatchhttps://regulatorwatch.com
In addition to our original coverage, RegWatch curates top stories on issues and impacts arising from the regulation of economic, social and environmental activity in Canada and the U.S.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MORE VAPING

Breakdown | Assessing the War on Vaping | RegWatch

Could the war on vaping in the U.S. finally take a turn in favor of tobacco harm reduction? It’s a legitimate question even though...