We released five new videos today to raise awareness about changes in how registered investment advisors must report to investors about the fees they pay, the performance of their investments, and the content of their account documents.

These videos help answer questions about what fees and other charges investors pay to their advisors and how their investments are performing.

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

These changes are the result of Phase 2 of the Client Relationship Model (CRM2), which came into effect on July 15, 2013, and have been phased-in over a three-year period. We are blogging about each video in this special series., which will run into October. Watch for these posts, and follow us on Twitter or Facebook for similar updates.

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.

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In Your Community - December 2014

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