2019 Seminars
Thursday, October 3, 2019
After the Close Seminar
Market Structure and Its Impact on Best Execution
The complex market structure and ever evolving technology pose great challenges to investment dealers in achieving best execution for clients. This seminar provided a concise overview of Canadian equity market structure and how it impacts trading decisions.
Speakers:
Kevin McCoy, Vice-President, Market Policy and Trading Conduct Compliance, IIROC
Alex Perel, Director, Head of ETF Services, Scotia Capital Inc.
Darren Molloy, Director, Retail Trading, GMP Securities L.P.
Jeff Varey, VP, Wealth Management Equity Markets, RBC Dominion Securities Inc.
Moderator:
Shailesh Ambike, Director, Advisory, Global Capital Markets, Scotia Capital Inc.
After the Close Seminar
Market Structure and Its Impact on Best Execution
The complex market structure and ever evolving technology pose great challenges to investment dealers in achieving best execution for clients. This seminar provided a concise overview of Canadian equity market structure and how it impacts trading decisions.
Speakers:
Kevin McCoy, Vice-President, Market Policy and Trading Conduct Compliance, IIROC
Alex Perel, Director, Head of ETF Services, Scotia Capital Inc.
Darren Molloy, Director, Retail Trading, GMP Securities L.P.
Jeff Varey, VP, Wealth Management Equity Markets, RBC Dominion Securities Inc.
Moderator:
Shailesh Ambike, Director, Advisory, Global Capital Markets, Scotia Capital Inc.
| Market Structure And Its Impact On Best Execution.pptx |
| ccls_education_subcommittee_accreditation_letter_-_20191003_-_en.pdf |
| ccls_education_subcommittee_accreditation_letter_-_20191003_-_fr.pdf |
June 13, 2019
Calgary Breakfast Seminar : Supervision - Advisor Compensation Conflicts
Conflict of interest issues, and how dealer members manage them, remain a top priority for the regulators. While many firms have robust oversight of basic conflict considerations such as personal trading and outside business activities, recent Business Conduct Compliance reviews of IIROC dealer members have revealed shortcomings in the management of compensation-related conflicts.
This session reviewed IIROC’s expectations and guidance, and considered best practices for management, supervision and documentation of more complex conflicts including:
Rules: IIROC Rule 42 - Conflicts of Interest
IIROC Consolidated Rule 1400 - Standards of Conduct
Notices: IIROC Notice 19-0008 IIROC Compliance Priorities
IIROC Notice 17-0093 Compensation-related Conflicts Review
Speakers:
Richard Korble, Director, Prairie Region, IIROC
Jamie Mihalicz, Director, Compliance & Supervision, ATB Securities Inc.
Govind Achyuthan, Chief Compliance Officer, Acumen Capital
Moderator:
Brian Pynn, Managing Director Compliance, ATB Wealth
Calgary Breakfast Seminar : Supervision - Advisor Compensation Conflicts
Conflict of interest issues, and how dealer members manage them, remain a top priority for the regulators. While many firms have robust oversight of basic conflict considerations such as personal trading and outside business activities, recent Business Conduct Compliance reviews of IIROC dealer members have revealed shortcomings in the management of compensation-related conflicts.
This session reviewed IIROC’s expectations and guidance, and considered best practices for management, supervision and documentation of more complex conflicts including:
- compensation programs, compensation grids, referral income and recruitment practices
- in-house sales target campaigns and bonus incentives
- non-monetary and third-party promotions and incentives
- product-related conflicts & fee-based versus transactional conflicts
Rules: IIROC Rule 42 - Conflicts of Interest
IIROC Consolidated Rule 1400 - Standards of Conduct
Notices: IIROC Notice 19-0008 IIROC Compliance Priorities
IIROC Notice 17-0093 Compensation-related Conflicts Review
Speakers:
Richard Korble, Director, Prairie Region, IIROC
Jamie Mihalicz, Director, Compliance & Supervision, ATB Securities Inc.
Govind Achyuthan, Chief Compliance Officer, Acumen Capital
Moderator:
Brian Pynn, Managing Director Compliance, ATB Wealth
| Advisor Compensation Conflicts.pptx |
| ccls_education_subcommittee_accreditation_letter_-_20190613_-_en.pdf |
| ccls_education_subcommittee_accreditation_letter_-_20190613_-_fr.pdf |
May 15, 2019
Cannabis : Capital Markets and Business Conduct
Cannabis stocks have bloomed in Canada even before the 2018 legalization of recreational marijuana in October. Sustained high interest in Canadian pot stocks has created many opportunities for short term investors which has led to volatility and other concerns around raising capital.
The panel discussed different themes such as disclosure requirements, capital markets activities and the expectations on the compliance group on the following:
Katrina Janke, Senior Legal Counsel, Corporate Finance Branch, OSC
Eric Foster, Partner, Dentons
Jeff Meade, VP, Legal, TD Bank Group
Moderator:
John Fabello, Partner, Torys LLP
Cannabis : Capital Markets and Business Conduct
Cannabis stocks have bloomed in Canada even before the 2018 legalization of recreational marijuana in October. Sustained high interest in Canadian pot stocks has created many opportunities for short term investors which has led to volatility and other concerns around raising capital.
The panel discussed different themes such as disclosure requirements, capital markets activities and the expectations on the compliance group on the following:
- Update on cannabis issuer capital raising and trading activity in Canada
- CSA’s disclosure expectations and continuous disclosure review of reporting issuers in the cannabis industry: implications for investment banker due diligence, research analysts and suitability assessments
- Cannabis issues and stocks in litigation: class actions and M&A, and impact in retail investors
- Interaction of the Canadian cannabis market with markets outside of Canada (including US, Europe): issues impacting retail compliance and legal
Katrina Janke, Senior Legal Counsel, Corporate Finance Branch, OSC
Eric Foster, Partner, Dentons
Jeff Meade, VP, Legal, TD Bank Group
Moderator:
John Fabello, Partner, Torys LLP
| ccls_education_subcommittee_accreditation_letter_-_20190515_-_fr.pdf |
| ccls_education_subcommittee_accreditation_letter_-_20190515_-_en.pdf |
| Cannabis: Capital Markets and Business Conduct |
| Cannabis: Capital Markets and Business Conduct |
February 21, 2019
Derivatives: Business Conduct and Registrations
Rules: NI 93-101 Derivatives: Business Conduct
NI 93-102 Derivatives: Registrations
Speakers:
Kevin Fine, Director, Derivatives, Ontario Securities Commission
Srijan Agrawal, Director, Regulatory Strategy and Engagement, RBC
Lisa Mantello, Partner, Osler
| CE Credit IIROC confirmation.pdf |
| Derivatives Registration and Business Conduct |
| Derivatives Registration and Business Conduct |
| Derivatives Registration and Business Conduct |