Industry backlash stalls investor-friendly reforms

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 31 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 180%
  • Publisher: 92%

Canadian News ニュース

Industry backlash stalls investor-friendly reforms
Canada News,Breaking News Video,Canadian Breaking News

For well over a decade, binding dispute resolution has been discussed and studied, with proposals shelved in the face of vigorous resistance

A year ago, securities regulators seemed determined to finally push ahead with binding dispute resolution, which would force banks and dealers to compensate victims of adviser misconduct.

For well over a decade, binding dispute resolution has been discussed and studied, proposals shelved in the face of vigorous resistance. But OBSI is powerless to enforce its own decisions. Sometimes, albeit rarely, firms simply refuse to pay. Lowball offers are much more common. “It is difficult to confidently promote a service that is unable to assure and secure redress for consumers,” Deborah Battell, the former banking ombudsman for New Zealand, wrote in a 2016 review.

After the CSA laid out a framework for granting OBSI binding authority last November, the letters of protest still poured in.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

globeandmail /  🏆 5. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

'Clearly targets the livestock industry': Alberta's beef with federal pandemic billAlberta's government and meat producers worry a bill about preventing and preparing for future pandemics could be harmful to the agriculture industry.
ソース: CTVCalgary - 🏆 26. / 68 続きを読む »

Critics accuse Ford of indecision over LCBO paper bags, industry welcomes moveThe Ford government ordered the LCBO this week to look for a new paper bag supplier after the agency selected a Quebec-based company.
ソース: GlobalCalgary - 🏆 50. / 61 続きを読む »

Real Estate Insiders Explore Industry’s Digital FutureSTOREYS is the leading real estate news site in the country, providing the most accurate and up-to-date coverage of the Canadian market.
ソース: storeyspub - 🏆 16. / 74 続きを読む »

'We can't control them': Clothing recyclers frustrated by criminals operating in donation bin industryAn organization that represents clothing recyclers says they’re frustrated after a W5 investigation found a fake charity and some violent players connected to organized crime have been muscling in on the clothing donation bin industry, and is calling for governments to do more.
ソース: CTVNews - 🏆 1. / 99 続きを読む »

Rising investor gold demand offsets lower jewellery buying in Q3, says industry bodyThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
ソース: KitcoNewsNOW - 🏆 13. / 78 続きを読む »

Loblaw says it would join with grocery industry in ending property controlsCanada’s biggest grocer says it wants to eliminate commercial property controls in the grocery industry.
ソース: SooToday - 🏆 8. / 85 続きを読む »