Posted on Tuesday, October 26, 2021 02:03 PM
OBSI’s Board of Directors is pleased to announce the appointment of Professor Poonam Puri to lead external reviews to evaluate OBSI’s operations and practices for both banking-related and investment-related complaints. The purpose of these independent reviews is to determine whether OBSI is fulfilling its regulatory obligations and operating effectively in accordance with recognized best practices for financial services ombudsmen.
Prof. Puri is one of Canada’s leading experts in corporate governance,...
Posted on Friday, October 22, 2021 12:03 PM
More Canadians are choosing to be self-directed or do-it-yourself (DIY) investors than ever before. In 2020, over two million new DIY accounts were opened in Canada - more than double the amount opened in 2019. This represents an unprecedented rise in the number of Canadians who trade securities on their own using the services of an order-execution-only (OEO) firm. A key feature of OEO firms is that they provide investors with access to trading platforms but do not provide investors with...
Posted on Friday, October 22, 2021 10:38 AM
How OBSI fees are determined
Participating firm fees are set annually by the OBSI Board of Directors in accordance with our corporate Bylaw. As a not-for-profit organization, participating firm fees fund all our operations and are set on a cost-recovery basis.
Posted on Thursday, September 23, 2021 12:30 PM
Toronto, September 23, 2021 – OBSI’s Board of Directors is pleased to announce the appointment of Maureen Jensen to the board effective immediately. Ms. Jensen has also been selected to be nominated as the next Chair of OBSI’s Board of Directors at the next Annual General Meeting of the organization to be held in March 2022. Ms. Jensen will succeed Jim Emmerton, whose term as Chair will be coming to an end following 12 years of service.
Ms. Jensen has been a leader in the investment industry...