{"id":2827,"date":"2023-06-05T15:58:42","date_gmt":"2023-06-05T15:58:42","guid":{"rendered":"https:\/\/cfacanada.org\/?post_type=advocacy_newsletter&#038;p=2827"},"modified":"2023-06-05T15:58:43","modified_gmt":"2023-06-05T15:58:43","slug":"may-2023-advocacy-newsletter","status":"publish","type":"advocacy_newsletter","link":"https:\/\/cfacanada.org\/fr\/advocacy_newsletter\/may-2023-advocacy-newsletter\/","title":{"rendered":"May 2023 Advocacy Newsletter"},"content":{"rendered":"\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">    <div class=\"hero hero--without-image hero-banner-block alignfull\">\n        <div class=\"hero__wrapper container\">\n            <div class=\"row justify-content-between align-items-center g-0\">\n                <div class=\"d-flex col-12\">\n                    <div class=\"hero__content\">\n                        <h1 class=\"hero__title\">May 2023 Advocacy Newsletter<\/h1>\n                                                                                            <\/div>\n                <\/div>\n                            <\/div>\n        <\/div>\n    <\/div>\n\n\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Download PDF:<\/h2>\n\n\n\n<p><a href=\"http:\/\/cfacanada.org\/wp-content\/uploads\/2023\/06\/Canadian-Advocacy-Newsletter_202305.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">May 2023 Advocacy Newsletter<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary:<\/h2>\n\n\n\n<p>It&rsquo;s hard to believe we are nearing the halfway point of 2023; days are getting longer and the weather warmer.&nbsp;<\/p>\n\n\n\n<p>As the seasons and the weather change, so does the regulatory landscape in Canada. The Council remains focused on ensuring that investors and market participants are not negatively impacted by that changing landscape.&nbsp;<\/p>\n\n\n\n<p>The Council recently commented on the Canadian Investment Regulatory Organization (CIRO) proposal regarding the distribution of disgorged funds to harmed investors. We are supportive of measures that aim to redirect ill-gotten gains to harmed investors and advocated for cost-benefit analysis relating to the structure of the proposal and a focus on improved outcomes for investors.&nbsp;We raised concerns about the necessity, effectiveness and justification of CIRO\u2019s proposed policy. We noted that firms may alter their harmed investor compensation behaviors due to the proposed policy, and that investors will need&nbsp;to navigate multiple and confusing claims resolution options. For those interested, the summary is below and link to the full comment letter is below.<\/p>\n\n\n\n<p>The initiatives undertaken by the Council would not be possible without the commitment and support of its members. I want to close out by taking this space to thank our volunteer members who give their time to this Council.<\/p>\n","protected":false},"featured_media":0,"template":"","categories":[],"class_list":["post-2827","advocacy_newsletter","type-advocacy_newsletter","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>May 2023 Advocacy Newsletter - CFA Societies Canada<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cfacanada.org\/advocacy_newsletter\/may-2023-advocacy-newsletter\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May 2023 Advocacy Newsletter - CFA Societies Canada\" \/>\n<meta property=\"og:description\" content=\"Download PDF: May 2023 Advocacy Newsletter Summary: It&rsquo;s hard to believe we are nearing the halfway point of 2023; days are getting longer and the weather warmer.&nbsp; As the seasons and the weather change, so does the regulatory landscape in Canada. 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