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Governments Backsliding on Investor, Consumer Rights

Barrie McKenna writes how conditions for investors may be getting worse as The Bank of Nova Scotia has left OBSI in favour of choosing its own arbiter, and the Canadian Securities Administrators backed off requiring financial advisors to make decisions in the best interests of their clients and also decided not to ban the practice of advisers getting paid for their services through embedded commissions.

 

 

September 17, 2018