Do advisers work for their clients or their employer? Advisers are the sales force. When a new issue of questionable value comes to the market institutional money will be reluctant to buy. The investment banking syndicate will turn to their sales force and assign quotas. Sell or lose your office space is a motivator. It’s no wonder why “best-interest” standard is meeting resistance. Current investment banking self-regulations allow investment banks to push and pull at the same time when it comes to treat a trusting public. The OSC can fix the problem by not saying the TSX is not a fair market. It’s an efficient market and a money machine for insiders.