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Old 06-29-2016, 10:52 AM   #1
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Default Potential Ban on Mutual Fund Commissions

This is quite interesting and would have an enormous impact on the financial services industry. The language from the regulator here is really interesting as well; this is more than just a ban on some types of commissions, but instead appears to be a full ban of commissions. This would mean that consumers would negotiate fees directly for each purchase (I guess...nothing is certain as of yet)

http://business.financialpost.com/le...n-mutual-funds
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