Compliance Memorandum 2017-01; DSC Purchases 1

Compliance Memorandum 2017-01; DSC Purchases

Compliance Memorandum
Date: April 18, 2017
From: Serge Vaillancourt, Senior Compliance Officer
Re: DSC Purchases

Hi,

Effective March 1, 2017, GP Wealth Management Corporation will no longer allow the purchase of DSC funds for clients 60 years of age or older.

This policy change comes as a result of a review of our policies and procedures, and in conjunction with our most recent MFDA Audit as well as the increased awareness of and scrutiny surrounding seniors’ issues.

Should you have any questions or wish to discuss this further, please contact me at 416-622-9969 ext. 240 or by email at: svaillancourt@gpwealth.ca.

Regards,

Serge Vaillancourt
Senior Compliance Officer

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