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Ontario Securities Commission’s Investor Advisory Panel Releases 2020 Annual Report Date 06/05/2021 The Investor Advisory Panel (the IAP) today released its 2020 Annual Report summarizing its activities, submissions, consultations, and meetings during the calendar year. In 2020, the IAP focused on the impact of the COVID-19 pandemic on retail investors, and the implications of several recommendations made by Ontario’s Capital Markets Modernization Taskforce in its interim and final reports. Additionally, the IAP continued to focus on what it considers to be critical areas of inv...

InvestorCOM Adds Competitive Intelligence Capability to Investment Product Management App Share Article TORONTO (PRWEB) April 15, 2021 InvestorCOM, the leading provider of regulatory compliance software and communications solutions for the financial services industry, today announced the availability of a new competitive assessment capability within ShelfMonitor, InvestorCOM’s product shelf management tool. ShelfAnalyzer™ empowers wealth management firms to easily evaluate how their products, including mutual funds, segregate...

NICE Actimize Introduces AI-Powered SURVEIL-X Suitability To Reduce Compliance Risk For Wealth Management, Insurance Firms - Selected By Leading Global Financial Services Organizations, SURVEIL-X Suitability Is Powered By New Risk Detection Date 06/04/2021 Financial services organizations that provide investment advice, and which sell life insurance, annuities and other wealth products, are finding that regulators are escalating how closely they monitor advisor behaviour. To help these firms reduce compliance risk,  NICE Actimize, a NICE (Nasdaq: NICE) business, today announced the int...

Mark Kent, president and CEO of Portfolio Strategies Corp. in Calgary, says the firm will only need to make minor changes as a result of the client-focused reforms, mostly around advisor training and updating documentation. Photo by Todd Korol/Globe & Mail Todd Korol/The Globe and Mail This article is the third in an ongoing series on the client-focused reforms, which will place investors’ interests first in their dealings with financial advisors and dealer firms and have a consequential impact on advisors and the investment industry. The pandemic-driven shift to remote work has been both a...

<p><span>The British Columbia Securities Commission (BCSC) is identifying more compliance deficiencies among investment adviser and dealer firms, with client statements and promotional statements becoming the most problematic areas, according to the latest&nbsp;</span><a target="_blank" href="https://www.bcsc.bc.ca/-/media/PWS/New-Resources/Industry/Registrant-Regulation/Compliance-Toolkit/2019_2020_CMR_-_Annual_Compliance_Report_Card.pdf">Compliance Report Card</a><span>&nbsp;from the BCSC.</span></p>