• Deborah

On June 10, the Canadian Securities Administrators (CSA) announced that it will grant portfolio managers the possibility to use client relationship management (CRM) specialists that will not provide stock-picking advice.


These CRM specialists will be subject to specific terms and conditions.


The Portfolio Management Association of Canada (PMAC) published a statement welcoming these changes.


The CSA release can be found here :

https://www.securities-administrators.ca/aboutcsa.aspx?id=1926

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