We also got a phone call and e-mail from our ATB advisor on Tuesday, however it didn't say anything about not being able to buy any more SLI. We were advised about some compliance officer who had done a little digging and found this information(same sites as were on last message.)
We were advised to sell, as the red flags point to SLI share price dropping dramatically.
We read it, had a discussion and said we have done our DD they have not, that information is old and outdated and the blogspot is another shorter. We have had our shares for 8 years and they Have increased 10 times original investment. None of our other investments have done this well.
I believe our Financial advisor told us we have the largest TFSA of all of her customers. Anything we have chosen ourselves to invest in has done better than what our advisor has chosen. We are getting close to retirement so I think she is worried as SLI makes up a big portion of our Retirement funds maybe half. So what, we have done our DD and have been patient. We don't feel our SLI is at any more risk than the rest of the investments and if we get even half of what is expected with SLI it is well worth the risk. Worse comes to worse, we will just work a little longer. That is our opinion and we are sticking to our plans to stay long.