Give the OSC your feedback

The Ontario Securities Commission (OSC) has come up with a new plan to redefine the relationship between investors and their financial advisors. If approved, it could significantly affect the way you handle your investment decisions and reduce the legal responsibility of brokers and planners in certain situations.

The plan is known as the “Fair Dealing Model”. If adopted, it would require investors to choose one of three distinct relationships with a financial advisor. The options would be:

1) A “Managed-For-You” relationship. This would put the primary responsibility on the adviser.

2) An “Advisory” relationship. Here, responsibility would be shared between the adviser and investor.


A “Self-Managed” relationship. In this case, the primary responsibility for decision-making is on the investor.

The OSC is looking for feedback on the proposal from industry experts, front-line advisors, and investors. You can find out more by going to

Adapted from an article that originally appeared in the Internet Wealth Builder, a weekly newsletter that provides investment advice from some of Canada’s top financial experts on topics ranging from stocks to income trusts. For subscription information, go to: