Financial Regulators Reviewing Alleged High-Pressure Bank Sales Tactics

Financial Regulators Reviewing Alleged High-Pressure Bank Sales Tactics
Money is removed from a bank machine in a photo illustration in Montreal, on May 30, 2016. The Canadian Press/Ryan Remiorz
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Financial regulators say they’re looking into allegations of high-pressure sales practices in Canadian bank branches.

The Ontario Securities Commission and the Canadian Investment Regulation Organization say the co-ordinated review will first focus on information gathering over the coming months into early 2025.