Survey of Ontario investors finds broad support for best interest duty

Earlier this week, the Ontario Securities Commission's Investor Advisory Panel released the findings of a study conducted to gauge the views of investors regarding their relationships with financial advisers. Of particular interest, the study ultimately found that while investors generally trust their financial advisers, 93% support a best interest duty. Meanwhile, the study also found support for strengthening the regulation of financial advisers and stricter enforcement of the rules.

As we discussed in October, the CSA released a consultation paper last year exploring the concept of a fiduciary duty for advisers and dealers.

Trackbacks (0) Links to blogs that reference this article Trackback URL
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.

Remember personal info?