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Bay Street in Toronto, Ontario is seen here Thursday Feb. 9, 2012. (Tim Fraser For The Globe and Mail)
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Brokerage group decries higher fees
JACQUELINE NELSON
— The Globe and Mail
Published
Last updated
Higher fees for brokerages? Now’s not the time, the Investment Industry Association of Canada says.
The industry is already losing money because of unstable markets and increased regulatory obligations, and the fee increases proposed by the Ontario Securities Commission “increase the burden,” the organization said in a statement Monday.
