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Wednesday, October 31, 2007

2007 Investor Forum Review

The 2007 Investor Forum was held last Wednesday, October 24, 2007.

It was quite informative.

Ms. Jenah, President of the IDA, seemed very sympathetic. She seemed incredibly benevolent. It's amazing how a warm personality can melt any suspicious sentiment.

Mr. David Wilson, head of the OSC, seemed bored, as the passion of his answers remained quite stagnant from question to question. If he was an "eye-roller," I feel he would have been doing that for most of the questions.

I rose and asked about a suggestion made under the Fair Dealing Model that required brokerage firms to post their returns and other performance measurement statistics on the client's quarterly statements. The response was that they have bigger issues to deal with. So, safe to say, it doesn't seem like its happening. But you can help! Visit http://www.showmethereturn.com/ to sign a petition illustrating your support for such an initiative.

One of the great parts of the night were the seminars they held before the 'Question Period.' Each topic discussed was incredibly informative. They were:

1) Choosing an advisor
2) Getting help with an investment complaint
3) Understanding investment products and risk

The Investor Forum is available in audio and transcript, as well as slides and audio being available for the seminars. Check it out:
http://www.osc.gov.on.ca/Investor/Forum/frm_index.jsp

 

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