We fight for that

Investment Complaints: OBSI is your one-stop shop


Listen Later

Sarah Bradley, the Ombudsman and CEO of the Ombudsman for Banking Services and Investments (OBSI)  discusses how OBSI can help consumers resolve investment disputes in Canada.  OBSI (https://www.obsi.ca/) is the single independent ombudsman service if you cannot resolve your complaint with your investment company or investment adviser.  OBSI's services are free to consumers. We discuss the scope of OBSI's services and the limitations on their potential monetary awards to consumers, limitations periods and OBSI's interaction with Canadian courts. We also discuss potential changes to OBSI's powers, notably, binding decision authority (so investment companies and advisers can no longer ignore or try to reduce financial compensation awards by OBSI). Typical consumer experiences and what to expect if you file a complaint with OBSI are covered. We also discuss the emerging challenge of cryptocurrency regulation and the types of crypto complaints OBSI receives already.  Note OBSI's informative bulletin on cryptocurrency frauds here:https://www.obsi.ca/en/news/consumer-bulletin-cryptocurrency-scams-increasingly-targeting-and-exploiting-canadians.aspx

Finally, in our "Told you so" segment, PIAC and the National Pensioners Federation (NPF) celebrate a

recent CRTC decision

that,

like we said 5 years ago

should be the case, gives some consumers (seniors, persons with disabilities, those without a home internet package from the same company) the right to request a paper bill for telecommunications (Internet, cellphone, home phone) and broadcasting (paid TV services, including cable TV, IPTV and satellite TV) service. We worked for five years to get at least this. Consumers stand up!

Make a donation to PIAC, right now, through Canada Helps: https://www.piac.ca/become-a-donor/

...more
View all episodesView all episodes
Download on the App Store

We fight for thatBy John Lawford, Public Interest Advocacy Centre (PIAC)


More shows like We fight for that

View all
The Daily by The New York Times

The Daily

113,026 Listeners

Front Burner by CBC

Front Burner

455 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,495 Listeners

The Town with Matthew Belloni by The Ringer

The Town with Matthew Belloni

1,125 Listeners