British Columbia Securities Commission 2014 Annual Compliance Report Card

June 7, 2014 by
British Columbia Securities Commission Report

Exempt Market Dealers Beware! Get Ready Before the Regulators Come Knocking! In May 2014, the British Columbia Securities Commission (the BCSC) published its 2014 Annual Compliance Report Card (the Report Card). The Report Card summarized certain compliance deficiencies that were identified by the BCSC at BC-based portfolio managers, investment fund managers and exempt market dealers (EMDs) […]

Filed Under: Portfolio Managers, Registration - National Instrument 31-103, Registration and Compliance Tagged With: , , , , , , , , , ,

Proposed Experience Requirement for Chief Compliance Officers of Exempt Market Dealers – PCMA Canada’s Comment Letter

March 15, 2014 by Leave a Comment

 The Canadian Securities Administrators (the CSA) have proposed certain amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and other rules (the Proposed Amendments) that includes, adding a new experience component to the proficiency requirement to be a chief compliance officer (CCO) of an exempt market dealer (EMD). Specifically, the […]

Filed Under: Exempt Market Dealers, Registration - National Instrument 31-103, Registration and Compliance Tagged With: , , , , , , , , , , , ,

Raising the Bar for CCOs of Securities Registrants in Canada – Proposed Amendments to NI 31-103

December 14, 2013 by Leave a Comment

The Canadian Securities Administrators (CSA) has recently proposed various amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) that include, a proposal to add an experience component to the proficiency requirement to be a chief compliance officer (CCO) of not only an exempt market dealer (EMD) but also for a […]

Filed Under: Registration - National Instrument 31-103, Registration and Compliance Tagged With: , , , , , ,