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Binary options are a very high-risk investment that Canadians should avoid. It is like a placing an all or nothing bet on the performance of an underlying asset.
Ms. G sold her home in 2015. She had no investment experience. She had recently been introduced to a financial advisor by a mutual friend. Ms. G decided to invest the proceeds of the sale of her home with the advisor’s firm.
TORONTO, Ontario, June 28, 2018 – The Ombudsman for Banking Services and Investments (OBSI) has released its comments regarding the Canadian Securities Administrators (CSA) proposed rules for financial advisors.
As you may have heard, fraudsters recently claimed to have access to the personal and account information of some BMO and Simplii Financial clients.
The Ombudsman for Banking Services and Investments (OBSI) would like to thank all those who provided their input into our Terms of Reference (TORS) Renewal Project.
OBSI is pleased to announce the launch of our newly updated Consent Letter and What to Expect document.
Read OBSI's latest newsletter for information about the Terms of Reference public consultation, Firm Helpdesk launch, Q1 statistics and more.
Ms. K had a family RESP for her four children. She began withdrawing from the plan in 2009 as her children started to attend university.
The Ombudsman for Banking Services and Investments (OBSI) is seeking public comment on its updated Terms of Reference (TORs). OBSI continuously strives to build its reputation as Canada’s trusted, independent financial ombudsman, acting as an impartial and fair investigator of banking and investment related complaints.
The Ombudsman for Banking Services and Investments (OBSI) is seeking public comment on its updated Terms of Reference (TORs). OBSI continuously strives to build its reputation as Canada’s trusted, independent financial ombudsman, acting as an impartial and fair investigator of banking and investment related complaints.
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