Industry

Calendar of Events


Registrant Outreach offers a series of free educational seminars to registrants and other industry participants to help them understand their regulatory requirements.

Click on the seminars below to see more details, including a description of the seminar and the benefits of attending. Space is limited, so sign up early.



Past seminars

Registrant series: Portfolio managers
Date: Session A: Webinar
September 11, 2017
Session B: In-Person
September, 14, 2017
Time: 2:00 p.m. – 4:00 p.m. 2:00 p.m. – 4:00 p.m.
Location for In-person Session: 22nd Floor Training Room
Ontario Securities Commission
20 Queen Street West
Toronto, ON
Description:

This seminar will focus on several key topics for portfolio managers (PMs) that were highlighted in our 2017 Annual Summary Report for Dealers, Advisers and IFMs (OSC Staff Notice 33-748). The topics that will be discussed are as follows:

  • Providing advisory services to “senior” clients,
  • Preliminary findings from our sweep review of PMs with a large percentage of “senior clients” and discussion of some best practices for dealing with “senior” clients,
  • Findings from compliance reviews of online advisers, and discussion of regulatory obligations and best practices for PMs with this business model, and
  • Findings from our reviews of “one-person” PM firms, along with guidance on compliance and regulatory obligations as highlighted in CSA Staff Notice 31-350.

It will also include an overview of the OSC Investor Office’s work on issues related to senior investors.

Who should attend: Advising representatives, ultimate designated persons, chief compliance officers, and legal counsel of portfolio managers.
Benefits:
  • Learn about challenges of servicing an increasingly ageing investor demographic
  • Gain insight into what to include in policies and procedures for dealing with “senior” clients
  • Learn what is expected of PMs who operate as online advisers
  • Enhance understanding of compliance obligations for “one-person” PM firms, including best practices for developing a business succession plan.
Documents


Effective Oversight of Service Providers and Modernization of Investment Fund Product Regulation- Alternative Funds
Date: Session A: Webinar
June 12, 2017
Session B: In-Person
June 14, 2017
Time: 2:00 p.m. - 4:00 p.m. 2:00 p.m. - 4:00 p.m.
Location for In-person Session: 22nd Floor Training Room
Ontario Securities Commission
20 Queen Street West
Toronto, ON
Description:

The seminar will provide an overview on:

  • how registrants, with a focus on investment fund managers, can effectively oversee third party service providers retained to provide fund accounting, trust accounting, recordkeeping, compliance consulting, portfolio management and other services;
  • the CSA’s proposed amendments to NI 81-102 and NI 81-101 with respect to alternative funds.
Who should attend: Registered representatives, ultimate designated persons, chief compliance officers, and legal counsel of registrants.
Benefits:
  • Gain insight into how a registrant can effectively oversee its service providers in order to meet its obligation of being responsible and accountable for the work performed by service providers.
  • Enhance understanding of the CSA’s proposed amendments to revise regulation for alternative funds.
Documents


CSA Consultation Paper 81-408 - Consultation on the Option of Discontinuing Embedded Commissions
Date: Session A: Webinar
April 11, 2017
Session B: In-Person
April 13, 2017
Time: 2:00 p.m. - 4:00 p.m. 2:00 p.m. - 4:00 p.m.
Location for In-person Session: 22nd Floor Training Room
Ontario Securities Commission
20 Queen Street West
Toronto, ON
Description: The seminar will provide an overview of the CSA’s consultation on the option of discontinuing embedded commissions. Key topics discussed will include: the CSA’s consultation objectives, the investor protection and market efficiency issues that embedded commissions raise, the proposed scope of a potential policy discontinuing embedded commissions, the CSA’s analysis of the potential impacts of discontinuing embedded commissions in Canada, and potential measures to mitigate unintended consequences.
Who should attend: Registered representatives, ultimate designated persons, chief compliance officers, and legal counsel for investment fund managers and dealers.
Benefits:
  • Enhance understanding of the CSA’s proposal on the option of discontinuing embedded commissions and its assessment of the potential impacts of such a change on investors and industry participants;
  • Gain insights that will assist in responding to the consultation paper.
Documents


CRM2 Reporting to Clients and Portfolio Manager - IIROC Dealer Member Service Arrangements (PMDSAs)
Date: Session A: Webinar
February 21, 2017
Session B: In-Person
February 23, 2017
Time: 2:00 p.m. – 4:00 p.m. 2:00 p.m. – 4:00 p.m.
Location for In-person Session: 22nd Floor Training Room
Ontario Securities Commission
20 Queen Street West
Toronto, ON
Description: This seminar will provide an overview of client relationship model phase 2 (CRM2) requirements and focus specifically on client statements, the Report on Charges and Other Compensation, and the Investment Performance Report. The session will also cover CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members, which sets out regulatory expectations for portfolio managers (PMs) with PMDSAs, including for books and records, agreements, disclosure and client reporting.
Who should attend: Registered representatives, chief compliance officers, ultimate designated persons, and persons responsible for client reporting.
Benefits:
  • Enhance understanding of CRM2 requirements.
  • Gain insight into how PMs with PMDSAs may satisfy regulatory expectations, including client statement delivery obligations when only dealers issue custody statements to the PMs’ clients.
Documents