News & Events

Roundtable on the Option of Discontinuing Embedded Commissions


September 18, 2017


12:30 PM - 4:30 PM


The Globe and Mail Centre, 351 King Street East, 17th Floor, Toronto ON, M5A 0N1

Event Details:

Roundtable to facilitate further stakeholder input on Canadian Securities Administrators (CSA) Consultation Paper 81-408 Consultation on the Option of Discontinuing Embedded Commissions.

The event will include panel discussions on the themes emerging from the consultation. The panel discussions will reflect a diversity of views, so as to facilitate a balanced debate.

Stakeholders wishing to participate as panelists at the roundtable are asked to send an email with full contact details to

Any media interested in attending the roundtable should contact

Registration is closed. We are maintaining a waiting list. If you wish to be added to the waiting list, please e-mail




12:30 p.m. – 1:00 p.m.


1:00 p.m. – 1:10 p.m.

Introduction and opening remarks (Audio)

Maureen Jensen, OSC Chair and CEO

1:10 p.m. – 2:10 p.m.

Topic 1: Capping or standardizing trailing commissions (Audio)

Moderator: Maureen Jensen, Chair & CEO, OSC

Warren Collier, Managing Director & Head of Canada iShares, BlackRock Asset Management Canada Limited

Scott Findlay, President & Chair, IFB Board of Directors, Independent Financial Brokers of Canada

Neil Gross, President, Component Strategies Consulting

Nicole Lee, Assistant General Counsel, Royal Bank of Canada, for RBC Global Asset Management Inc.

Robert Strickland, President, Fidelity Investments Canada ULC

2:10 p.m. – 3:10 p.m.

Topic 2: Discontinuing, or implementing additional standards for the use of the deferred sales charge purchase option (Audio)

Moderator: Grant Vingoe, Vice-Chair, OSC

John Adams, CEO, PFSL Investments Canada Ltd.

Sonny Goldstein, President, Goldstein Financial

Barry McInerney, President & CEO, Mackenzie Financial Corporation

Marian Passmore, Director of Policy & COO, Canadian Foundation for Advancement of Investor Rights

3:10 p.m. – 3:30 p.m.


3:30 p.m. – 4:30 p.m.

Topic 3: Enhancements to disclosure and choice for investors (Audio)

Moderator: Deborah Leckman, Commissioner, OSC

Paul Bourque, President & CEO, Investment Funds Institute of Canada

Duane Green, President & CEO, Franklin Templeton Investments Canada

Dan Hallett, Vice-President & Principal, HighView Financial Group

Sandra Kegie, Executive Director, Federation of Mutual Fund Dealers

4:30 p.m.

Closing (Audio)