OSC to host roundtables on best interest duty

The Ontario Securities Commission will be hosting two roundtables in June to discuss issues identified in the CSA Consultation Paper 33-403, which considers the imposition of a statutory fiduciary duty on advisers and dealers to act in the best interests of clients. Our own Ed Waitzer considered such international developments in a post of February 2011. A follow up panel discussion for investors and the industry will occur in July.

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