Privacy issues still loom over the proposed agreement that would allow Canadian brokers to take some client information when switching firms.
Representatives from the Investment Industry Association of Canada, a trade association for the securities industry, and representatives from the Office of the Privacy Commissioner of Canada will discuss next week potential privacy concerns relating to the proposal to allow financial advisers take certain client information with them when they move to a competing firm.
At issue is how brokers can take such things as client names, telephone numbers and addresses without contravening Canada’s privacy laws.
Read more on The Wall Street Journal.