Posted on Tuesday, June 26, 2018 09:30 AM
TORONTO, Ontario, June 28, 2018 – The Ombudsman for Banking Services and Investments (OBSI) has released its comments regarding the Canadian Securities Administrators (CSA) proposed rules for financial advisors.
OBSI supports the CSA's proposed amendments to National Instrument 31-103 and Companion Policy 31-103CP. We welcome the CSA’s efforts to bring greater clarity, establish one set of rules and to harmonize regulatory requirements across Canadian capital markets. When Canada’s provincial and...
Posted on Friday, April 06, 2018 12:30 PM
The Ombudsman for Banking Services and Investments Board of Directors announced the new members of its independent Consumer and Investor Advisory Council (CIAC) and the appointment of a new Chair of the council.
Guy Lemoine has been appointed the new Chair of the CIAC. Mr. Lemoine has been a member of the CIAC since 2014. He is a lawyer by profession, and holds a master’s degree in public administration. He has previously worked with the Office of the Attorney General of Quebec specializing in economic...
Posted on Tuesday, March 20, 2018 11:00 AM
March 20, 2018 - Canada’s Ombudsman for Banking Services and Investments (OBSI) is pleased to support the Ontario Securities Commission’s (OSC) Seniors Strategy. The document highlights the challenges Ontario’s seniors face in the financial services market as they live longer and lead increasingly complex financial lives.
“We specifically support the strategies to address these challenges,” said Sarah Bradley, Ombudsman and CEO, OBSI. “We feel these strategies will positively and meaningfully...