The Latest Gabfest On Embedded Commissions Ends

In a process that seems to be taking an eternity, the Ontario Securities Commission (OSC) held their latest Roundtable discussion in mid-September 2017 on the subject of possibly discontinuing embedded commissions. Followers of this lumbering process may recall that the original paper on the subject, Consultation Paper 81-408, was released in January 2017 with comment letters due by June 2017. Part way through that exercise, the OSC also held an “outreach” session where the...