Ontario Securities Commission Staff Notice 51-716 is still drawing considerable attention, given the public notice is part of a standard evaluation the provincial regulator undertakes of regular business disclosures. Since its release at the end of February, 51-716 has caught the attention of media outlets, lawyers and industry pundits.   Most recently, the Social Investment Organization (SIO), a... 

Eighteen months ago, Laurie Stephenson started the part of her career she always dreamed about: She entered a partnership to start her own firm. As a veteran of the financial services industry — she began her career in 1989 as a manager in the Toronto office of a major insurer — Stephenson wanted to create a business that allowed balance. Now, as one half of Stephenson Daigle Financial, she is... 

Somewhere in the glass towers of law offices, security regulators and dealer boardrooms, legal experts, compliance officers and owner-dealers are hammering out the details of how registration reform, scheduled to take effect on March 30, 2009, will impact their businesses. Laurie Cook’s advice is simple: “Buy t-shirts and create teams.” As a partner at the Toronto offices of Borden Ladner Gervais... 

Less than a month after the release of presumably clearer, more concise critical illness definitions, the industry is providing feedback — and it’s not all positive. Since its launch about a decade ago, critical illness (CI) insurance promised Canadians a lump sum if they were stricken with a life-threatening medical problem, such as cancer or a stroke. While sales were brisk at first, they starting...