Standard of Conduct Public Consultation

CSA’s Consultation Paper and request for comments from the public on the Standard of Conduct in the Investment Industry

Your opinion matters: View our invite video

Many Nova Scotians rely heavily on advice from their financial advisors.  Understanding what that advice must disclose and what you as an investor need to ask can directly impact your financial future.

The majority of people don’t know the true standard of conduct that is required of their financial advisor under the current laws.  Specific changes are being proposed to these laws. 

We hosted public consultation sessions across Nova Scotia in July 2016 to present the current rules and proposed changes and to hear from Nova Scotians directly as to what they think of the rules and changes which directly impact their financial future.  

There is still time to tell us what you think! Comments deadline is September 30, 2016.

You can send us your comments in the following ways:


Fax: (902) 424-4625

Courier: Nova Scotia Securities Commission PO Box 458, Halifax, NS B3J 2P8

Quick reference guide of the proposed amendments

Comment card to submit your comments

Standard of Conduct in the Investment Industry Consultation Paper

The purpose of this consultation was to seek comment on proposed regulatory action aimed at enhancing the obligations of advisers, dealers and representatives toward their clients. We are of the view that the current Canadian registrant regulatory framework requires enhancements to address the issues we have identified in the client‐registrant relationship, including to better align the interests of registrants with the interests of their clients, to improve outcomes for clients, and to clarify the nature of the client‐registrant relationship for clients.