CSA Raises Awareness of New Reporting Requirements for Advisors

As part of Investor Education Month, the Canadian Securities Administrators (CSA) is promoting four videos about recent changes to the ways registered investment advisors must report to clients the costs, performance, and value of their investments.

The changes to reporting requirements are part of the Client Relationship Model 2 (CRM2) initiative. Under CRM2, investment advisors must provide clients with:

  • enhanced relationship disclosure information
  • pre-trade disclosure of adviser fees and other charges
  • expanded account statements
  • annual reports on investment performance
  • annual reports on charges and compensation

Each video provides a brief overview of a new change and includes tips for investors to consider when speaking with an advisor. These range from knowing the fees you pay to buy or sell an investment to what to expect from an advisor.

Report a Concern

If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymously using BCSC’s online complaint form.

InvestRight.org is the British Columbia Securities Commission’s investor education website.

Suggested Reading

Managing Your Investments in Inflationary Times

CRM2 Video Series: Charges and Compensation

The Value of Choosing a Trusted Contact Person

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