SUITABILITY CONSIDERATIONS FOR HOUSEHOLDS
The IIAC is continuing in its efforts to ensure investors’ preferences for householding are met. The IIAC wrote to the OSC and IIROC to provide suggestions to some language amendments that may be made to IIROC’s KYC and Suitability Guidance and CFRs FAQ and which will assist in alleviating misunderstandings surrounding the availability and implementation of householding for suitability purposes.
For more information contact Tim Currie.