Fund regulation serves Canadians well – Investment Executive

Regulators should move cautiously

When it comes to securities regulation, Canada has been ranked by international research bodies as being among the best in the world.

Advisors are the most popular way, by far, for Canadians to purchase mutual funds. Canadian investors have reported very high levels of trust in their financial advisors.

Independent research in Canada has found that members of households who have worked with a financial advisor accumulate more assets than otherwise identical non-advised households.

In her recent guest column in Investment Executive, IFIC’s president and CEO Joanne De Laurentiis draws on these and other insights to demonstrate why Canadian policy makers must proceed with utmost caution before importing regulatory approaches that have been shaped by non-Canadian legal, business and cultural frameworks. It is crucial that future regulatory changes preserve the strength and accessibility of our existing system.