Thank you, Mr. Chair.
Thank you, witnesses, for being here.
Mr. Buell, my question is for you.
I have actually read some of the reports on your association's website. I have in front of me the report, “Above the Law”, wherein the issue of financial advisor/adviser, an “o” or an “e”, came up.
My colleague and I asked questions about that with the FCAC. Granted, the FCAC doesn't regulate on the investment side. However, there was a comment made along the lines of—and I'm definitely paraphrasing because I don't have the exact testimony in front of me—regardless of the spelling of the word, if the employee is acting in a regulated way, so if they're selling some type of investment, regardless of their title, they fall under the regulation.
That is not what we've heard or read about in certain things. Do you have any comments on that?