The Financial Commission, a prominent external dispute resolution (EDR) organization serving the financial services industry, has announced that it has been removed from Canadian Securities Administrators’ (“CSA”) Investor Alert, originally issued on June 20, 2023.
Not a governmental regulatory body, nor does it claim to be one
The Financial Commission is not licensed by any regulatory authority. Instead, its primary focus is to facilitate the amicable resolution of disputes between FX and CFD traders and brokers in a transparent and efficient manner.
The organization stands dedicated to its core mission of providing a fair and neutral platform for resolving disputes between traders and financial service providers.
An independent external dispute resolution (EDR) forum
The Financial Commission operates as an independent external dispute resolution (EDR) forum catering to consumers and traders who encounter challenges in resolving disputes directly with their financial services providers, who are members of The Financial Commission.
Initially designed to revolutionize the dispute resolution process for traders and brokers involved in electronic markets, such as the Foreign Exchange, the organization’s scope has expanded to include CFDs and related derivatives. Additionally, The Financial Commission certifies technology platforms utilized for trading purposes.
The removal from the CSA’s Investor Alert underscores The Financial Commission’s dedication to promoting clarity and fostering a transparent financial environment. As the organization continues to serve the industry, it remains steadfast in its commitment to providing a reliable avenue for resolving disputes and upholding fair practices in the financial services sector.