Get Ready for POS3 and CRM2 Deadlines
May 30, 2016 (next week) is the regulatory deadline for Canadian Point-of-Sale legislation, abbreviated 'POS3'. This new legislation requires investment advisors to provide clients with pre-sale disclosure information relating to the purchase of mutual funds and exchange traded funds (ETFs).
Anthony Boright, co-founder and President of Investor|COM, a POS3 and CRM2 solutions provider to the Canadian financial industry discusses how advisors and investment dealers can be fully prepared for POS3 by integrating, easy-to-use, audited systems to ensure they are in compliance with the new regulatory requirements.
Anthony Boright is President and co-founder of InvestorCOM (www.investorcom.com), which leverages technology to address the evolving regulatory disclosure and communications needs of the financial services industry. InvestorCOM helps its clients create and distribute their communications online, as well as through traditional print/mail channels. Clients include banks, asset managers, life insurance companies, large and small IIROC (Investment Industry Regulatory Organization of Canada), and MFDA (Mutual Fund Dealers Association of Canada) dealers and advisors serving investors.
