Slow Progress Better Than No Progress

Glorianne Stromberg wrote her initial report on mutual funds - recommending the end of trailing commissions - in 1995. A full generation later, we’re still waiting for that to happen. Meanwhile, many other nations have passed Canada in terms of promoting transparency, removing conflicts of interest and ultimately protecting the primacy of investor interests. Achingly and ever so slowly, Canada is being dragged kicking and screaming into the 21st century, where securities regulation...