CSA Extends CRM2 July 15, 2015 Reporting Deadline by 6 months

The CSA letter published on January 28, 2015 said that CRM2 amendments scheduled to come in to force on July 15, 2015 have been extended to December 31, 2015 in response to an IIAC letter managing director Barbara Amsden sent to the CSA on December 20, 2014. This gives dealers an additional 6 months to […]

Read More

Investment Executive Article – “How to engage young adults in the financial planning process”

Financial advisors need to adopt and leverage new technology strategies to reach a younger audience   Young adults aren’t saving their money, and while governments may be trying to educate students by integrating financial literacy into the school curriculum, the financial planning process remains a fairly dry subject for most. In turn, financial advisors need […]

Read More

Turning Compliance into an Opportunity

This article points out 6 regulatory opportunities – strategies that help wealth managers turn regulation into customer upside.  Our customers are implementing some of these ideas ahead of POS Stage 3 – and taking advantage of opportunities that include e-migration, improved customer experience and improved communications.  Every industry player must comply so why not turn a […]

Read More

Point of Sale Stage 3 Final Ruling – Executive Summary

December 12, 2014, TORONTO – The Canadian Securities Administrators (CSA) released the final rule amendments on Point of Sale Disclosure for Mutual Funds: Pre-Sale Delivery of Fund Facts (POS 3) on December 11, 2014. The rule can be found on the Ontario Securities Commission’s web site or by clicking here. Click on the button below for an […]

Read More

CSA Announces Final Stage 3 POS Pre-Sale Delivery Regulation

The CSA published their final amendments to the Stage 3 POS Fund Facts Pre-Sale Delivery rule yesterday. This is the final stage of the POS regulation, tabled more than ten years ago in a Joint Forum framework in 2003. Please click here to see the final rule.

Read More

InvestorPOS has changed its company name to InvestorCOM!

December 2, 2014, TORONTO – InvestorPOS announced today that as part of its brand evolution it has changed its company name to InvestorCOM. InvestorCOM is the same company that in 2010 introduced its innovative Point of Sale (POS) compliance solutions under the InvestorPOS brand for asset managers, dealers and their advisors in the mutual fund […]

Read More

Making CRM2 a Positive Client Experience

This week’s IE article on CRM2 fostering stronger client relationships is a rare and welcome view on the regulation.  Now that CRM2 is a reality, why not make the fee disclosure conversation a positive one with your clients?  The article encourages the use of technology to share valuable information with your clients and we couldn’t agree […]

Read More

POS Stage 3 Pre-trade Delivery Coming Soon….

The Canadian investment community awaits the CSA’s final Stage 3 rules for National Instrument 81-101 which are due to be published in the next 4 weeks.  This will establish the specific guidelines with respect to pre-trade delivery of the Fund Facts document and with that, the CSA has recently launched an interactive sample of a […]

Read More

Investment Executive Article – “The convergence of marketing communication and regulatory disclosure”

Sending material to clients before they make a decision could help improve disclosure to retail investors, but may complicate advisors’ marketing efforts   Financial advisors spend much of their time in meetings, emailing, or on the phone in order to serve existing clients and attract new prospects. Many of these marketing communications are informal and […]

Read More

Investment Executive article “Let’s not rain on the cloud”

Some financial services organizations perceive inherent risks associated with the cloud, but the temptation to avoid this evolving frontier will be done at their peril The recent breach of Apple Inc.’s iCloud service, in which compromising photos of celebrities were pulled from iCloud and posted on the web, has reignited the debate concerning our growing […]

Read More