NM, I read it elsewhere. While we're way off-topic I will just say that trailers are huge for the industry as a whole and their elimination will be an absolute watershed moment for the industry in Canada. It will take the advisory practices today and make them much more transactional in nature and push people to the banks for accounts as well, which is not good IMO.
I do agree about a fiduciary standard and I'm a CFA candidate personally, so I know what you mean about the ethics and code being more robust. I actually think that the industry as a whole has been pathetically 'managed' if that's the right word for it. Anyway, I'm very interested in what is coming down the pipe here. Just groundbreaking changes ahead for this business.
Last edited by Slava; 03-04-2015 at 06:21 PM.
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