The OSC will be holding three sessions in June to seek retail investor input on some significant current issues: mutual fund fees, crowdfunding aka investing in small and medium size companies and advisor fiduciary duty.
The OSC's webpage here has time/date and location details as well as some excellent background papers on the issues. Even if you cannot attend, express your opinions to InvestorOffice@osc.gov.on.ca.
There are encouraging signs that the OSC is starting to pay more than lip service to retail investor issues, what with sessions like these, the appointment of folk like Stan Buell and Ken Kivenko to the OSC's Investor Advisory Panel and the recent creation of a new internal full-time Office of the Investor headed by Eleanor Farrell (see this article on what she aims to accomplish).
Goodness knows change is required, given such evidence as the failing grade given to Canadian mutual fund fees by Morningstar.
Thursday, 23 May 2013
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2 comments:
Amazon.ca claims that their Rewards Visa Card doesn't have foreign conversion fees.
OCS is mandate to provide protection to investors from improper and fraud practices. They also provide guidelines to mortgage services which will really helpful for the buyers.
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