The Importance of Supervision
Written on September 27, 2011.
In Straus Estate v. Decaire, 2011 ONSC 1157 (“Straus”), the Ontario Superior Court of Justice reaffirmed the importance for dealers to ensure that compliance policies and proper supervision of advisors are practiced and enforced. The plaintiffs in this case sought damages for losses arising from an “off-book” investment recommended by their advisor. The recommended investment […]