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Table of Contents | Rule 2 | Rule 3 | Rule 4 | Rule 5
| 1.1 |
BUSINESS STRUCTURES |
| 1.1.1 |
Members No Member or Approved Person (as defined in By-law 1.1) in respect of a Member shall, directly or indirectly, engage in any securities related business (as defined in By-law 1.1) except in accordance with the following: |
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(a) |
all such securities related business is carried on for the account of the Member, through the facilities of the Member (except as expressly provided in the Rules) and in accordance with the By-laws and Rules, other than: |
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(i) |
such business as relates solely to trading in deposit instruments conducted by any Approved Person not on account of the Member; and |
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(ii) |
such business conducted by an Approved Person as an employee of a bank and in accordance with the Bank Act (Canada) and the regulations thereunder and applicable securities legislation. |
| Related Notice: |
MR-0071 – Referral Arrangements with Other Securities Registrants (issued February 10, 2009) |
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(b) |
all revenues, fees or consideration in any form relating to any business engaged in by the Member is paid or credited directly to the Member and is recorded on the books of the Member; |
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(c) |
the relationship between the Member and any person conducting securities related business on account of the Member is that of: |
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(i) |
an employer and employee, in compliance with Rule 1.1.4, |
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(ii) |
a principal and agent, in compliance with Rule 1.1.5, or |
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(iii) |
an introducing dealer and carrying dealer, in compliance with Rule 1.1.6; |
| Related Notice: |
MR-0067 – Stealth Advising (issued November 14, 2007) |
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(d) |
the business or trade or style name under which such securities related business is conducted is in accordance with Rule 1.1.7. |
History |
Bulletin #0050-M – Amendments to MFDA Rules and MFDA Policy No. 3 (Handling Client Complaints) (issued February 3, 2004) |
Related Notices |
MR-0009 – Dual Occupations - Selling Deposit Instruments and Providing Non-Securities-Related Financial Planning Services (issued October 1, 2001).
MR-0030 – Referral Arrangements (issued September 20, 2004).
MR-0040 – Outside Business Activities (issued May 20, 2005).
MR-0043 – Referral Arrangements in Respect of Specific Securities (issued July 5, 2005)
MR-0055 – Undivided Interests in Land (issued July 6, 2006) |
Related Bulletins |
#0056-C – Common Deficiencies Noted During On-site Examinations of Members (issued February 9, 2004)
#0113-M – Requirements for the Sale of Certain Deposit Note Securities by MFDA Members in Manitoba (issued November 17, 2004).
#0141-C – Exclusive Capital Corporation (issued May 24, 2005)
#0149-P – Argyle Funds SPC Inc. (issued July 7, 2005)
#0150-P – MineralFields Group (issued July 11, 2005) |
| 1.1.2 |
Compliance by Approved Persons. Each Approved Person who conducts or participates in any securities related business in respect of a Member in accordance with Rule 1.1.1.(c)(i) or (ii) shall comply with the By-laws and Rules as they relate to the Member or such Approved Person. |
| 1.1.3 |
Service Arrangements. A Member or Approved Person may engage the services of any person including another Member or Approved Person, to provide services to the Member or Approved Person, as the case may be, provided that: |
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(a) |
the services do not in themselves constitute securities related business or duties or responsibilities that are required to be performed by the Member or Approved Person engaging the services pursuant to the By-laws, Rules or applicable securities legislation; |
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(b) |
any remuneration or compensation in any form in respect of such services shall only be paid or credited by the Member or Approved Person engaging the services, as the case may be, directly to the person providing the services and the payment or credit of such remuneration or compensation shall be recorded in the books and records required to be maintained in accordance with the By-laws and Rules by the Member or Approved Person engaging such services; |
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(c) |
the Member or Approved Person engaging the services shall remain responsible for compliance with the By-laws and Rules and any applicable legislation; |
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(d) |
any person preparing and maintaining books and records as a service in respect of the business of the Member or Approved Person shall do so in accordance with the requirements of Rule 5, and such books and records shall be available for review by the Member or Approved Person during normal business hours and by the Corporation in accordance with the By-laws and Rules; and |
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(e) |
all material terms of the services to be engaged that relate to requirements of the Member or Approved Person under the By-laws, Rules, Policies or Forms shall be evidenced in writing and a copy of such terms, together with any amendments thereto from time to time or termination, shall be provided by the Member or Approved Person promptly to the Corporation upon request, together with any other information relating thereto as may be requested by the Corporation. |
History |
Bulletin #0050-M – Amendments to MFDA Rules and Policy No. 3 (Handling Client Complaints) (issued February 3, 2004) |
Related Notices |
MR-0029 – Joint Regulatory Notice: Joint Service and Omnibus Arrangements Between IDA and MFDA Members (issued June 11, 2004)
MR-0034 – Joint Regulatory Notice: Update to Joint Service and Omnibus Arrangements Between IDA and MFDA Members (issued November 30, 2004)
MR-0036 – MFDA Access to Information – Service Arrangements and Introducing/Carrying Arrangements (issued December 21, 2004)
MR-0044 – Member Obligations Regarding Service Providers (issued July 6, 2005)
MR-0061 – Member Obligations Regarding Outsourcing (issued February 14, 2007) |
Related Bulletins |
#0038-C – Equity and Fixed Income Trades (issued November 12, 2003)
#0183-C – Second Round of Compliance Examinations (issued January 27, 2006) |
| 1.1.4 |
Employees. A Member may conduct its business by Approved Persons employed as employees by it provided that: |
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(a) |
any such employee is registered or licensed, in the manner necessary, and is in good standing, under the applicable legislation in the province or territory where the employee proposes to act; |
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(b) |
the Member shall be responsible for, and shall supervise, the conduct of the employee as an Approved Person in respect of the business including compliance with applicable legislation and the By-laws and Rules; |
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(c) |
the Member shall be liable to third parties (including clients) for the acts and omissions of the employee relating to the Member’s business; |
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(d) |
the employee is in compliance with the legislation, By-laws and Rules applicable to the employee as an Approved Person; and |
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(e) |
where the Member and the Approved Person employed as an employee have entered into a written agreement, it shall not contain provisions which are inconsistent with an employment relationship or with the requirements set out in paragraphs (a) to (d) inclusive, of Rule 1.1.4. |
Related Bulletins |
#0056-C – Common Deficiencies Noted During On-site Examinations of Members (issued February 9, 2004) |
| 1.1.5 |
Agents. A Member may conduct its business by Approved Persons retained or contracted by it as agents provided that: |
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(a) |
any such agent is registered or licensed in the manner necessary, and is in good standing, under the applicable legislation in the province or territory where the agent proposes to act; |
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(b) |
the Member shall be responsible for, and shall supervise, the conduct of the agent in respect of the business including compliance with applicable legislation and the By-laws and Rules; |
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(c) |
the Member shall be liable to third parties (including clients) for the acts and omissions of the agent relating to the Member’s business; |
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(d) |
the agent is in compliance with the legislation, By-laws and Rules applicable to the agent; |
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(e) |
the financial institution bonds and insurance policies required to be maintained by the Member pursuant to Rule 4 cover and relate to the conduct of the agent; |
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(f) |
all books and records prepared and maintained by the agent in respect of such business of the Member shall be in accordance with Rule 5 and applicable legislation, shall be the property of the Member and shall be available for review by and delivery to the Member during normal business hours; |
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(g) |
all such business conducted by the agent is in the name of the Member subject to the provisions of Rule 1.1.7; |
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(h) |
the agent shall not conduct securities related business with or in respect of any person other than the Member; |
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(i) |
if the agent is engaged in or carrying on any business or activity other than business conducted on behalf of the Member, including any business or activity which is subject to regulation by any regulatory authority other than a securities commission, compliance with the terms of the agreement referred to in paragraph (k) shall be monitored and enforced directly by the Member and not by or through any other person including another employer or principal of the agent; |
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(j) |
the terms or basis on which the agent may be engaged in or carry on any business or activity other than business conducted on behalf of the Member shall not prevent or impair the ability of the Member or the Corporation from monitoring and enforcing compliance by the agent with the terms of the agreement referred to in paragraph (k) or the By-laws or Rules; and |
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(k) |
the Member and the agent shall have entered into an agreement in writing, which shall be provided promptly to the Corporation upon request, containing terms which include the provisions of paragraphs (a) to (j), inclusive, and which do not include provisions which are inconsistent with paragraphs (a) to (j), and shall provide the Corporation with a certificate signed by an officer or director of such Member and, upon request by the Corporation, shall provide an opinion of counsel, confirming the agreement is in compliance with such provisions. |
Related Notices |
MR-0011 – Agency Agreements (issue date November 28, 2001).
MR-0022 – Out of Province Registration (issued October 29, 2003)
MR-0028 – Out of Province Registration (Expiration of Transition Period) (issued May 21, 2004)
MR-0046 – Out of Province Registration – Multilateral Instrument 11-101 – Principal Regulator System (issued September 29, 2005)
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Related Bulletins |
#0056-C – Common Deficiencies Noted During On-site Examinations of Members (issued February 9, 2004)
#0183-C – Second Round of Compliance Examinations (issued January 27, 2006) |
| 1.1.6 |
Introducing and Carrying Arrangement |
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(a) |
Permitted Arrangements. A Member may enter into an arrangement with another Member pursuant to which the accounts of one Member (the "introducing dealer") are carried by the other Member (the "carrying dealer") provided that: |
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(i) |
the arrangement shall satisfy the requirements of a carrying arrangement described in Rule 1.1.6(b); |
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(ii) |
an introducing dealer shall not introduce accounts to any person who is not a Member; |
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(iii) |
an introducing dealer may not introduce accounts to more than one Member, except that a Level 2, 3 or 4 Member may introduce to another Member accounts of clients which are self-directed plans registered for income tax purposes; |
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(iv) |
the Members shall enter into a written agreement evidencing the arrangement and reflecting the requirements of Rule 1.1.6(b) and such other matters as may be required by the Corporation; |
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(v) |
the arrangement (including the form of agreement referred to in Rule 1.1.6(b)) and any amendment to or termination of the arrangement or agreement, shall have been approved by the Corporation before it is to become effective; and |
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(vi) |
the arrangement shall be in compliance with the By-laws and Rules and the securities legislation applicable to either of the Members. |
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(b) |
Terms of Arrangement. A Member may enter into an agreement with another Member in accordance with Rule 1.1.6(a) if it satisfies the following requirements: |
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(i) |
Minimum Capital. The carrying dealer shall maintain at all times minimum capital of a Level 4 Dealer, and the introducing dealer shall maintain at all times minimum capital of a Level 1, 2, 3 or 4 Dealer, as the case may be; |
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(ii) |
Reporting of Client Balances. In calculating the risk adjusted capital required pursuant to Rule 3.1.1 and Form 1, the carrying dealer shall report all accounts of the clients (introduced by the introducing dealer to the carrying dealer and for whom assets are held in nominee name) on the carrying dealer’s Form 1 and Monthly Financial Report; |
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(iii) |
Comfort Deposit. Any deposit (other than deposits on behalf of clients) provided to the carrying dealer by the introducing dealer pursuant to the terms of the agreement between them shall be segregated in accordance with Rule 3.3 by the carrying dealer and shall be held by the carrying dealer in a separate designated trust account for the introducing dealer;
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The deposit provided by the introducing dealer to the carrying dealer shall be reported by the introducing dealer as an allowable asset on its Form 1 and Monthly Financial Report; |
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(iv) |
Segregation of Client Cash and Securities. The carrying dealer shall be responsible for holding and segregating in accordance with the requirements of Rule 3.3 all cash and securities held for clients introduced to it by an introducing dealer, provided that a Level 3 introducing dealer may hold cash, and a Level 4 introducing dealer may hold cash and securities, for the accounts of clients to the extent to which such functions are not part of the services to be provided by the carrying dealer; |
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(v) |
Trust Accounts. The carrying dealer shall be responsible for and shall maintain in its name any trust accounts established in respect of cash received for the account of clients introduced to it by the introducing dealer, provided that a Level 3 or 4 introducing dealer may hold cash in such trust accounts to the extent to which such functions are not part of the services to be provided by the carrying dealer; |
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(vi) |
Insurance. The introducing dealer and carrying dealer shall each maintain minimum insurance in the amounts required and in accordance with Rule 4; |
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(vii) |
Amount of Insurance. The carrying dealer shall include all accounts introduced to it by the introducing dealer that are held in nominee name in its calculation of the "base amount" asset measurement for minimum Financial Institution Bond coverage for Clauses (A) through (E) under Rule 4; |
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(viii) |
Disclosure and Acknowledgement on Account Opening. At the time of opening each client account, the introducing dealer shall ensure that the client receives written disclosure explaining the introducing dealer's relationship to the carrying dealer and the relationship between the client and the carrying dealer and, in the case of a Level 1 introducing dealer, shall obtain from the client an acknowledgement in writing to the effect that such disclosure has been received by the client; |
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(ix) |
Contracts, Account Statements, Confirmations and Client Communications. The name and role of each of the carrying dealer and the introducing dealer shall be shown on all contracts, account statements, confirmations and, in the case of a Level 1 introducing dealer, all client communications (as defined in Rule 2.8.1) and advertisements and sales communications (as defined in Rule 2.7.1) sent by either the introducing dealer or the carrying dealer in respect of accounts carried by the carrying dealer. In the case of a Level 1 introducing dealer, the name and role of the carrying dealer shall appear in at least equal size to that of the introducing dealer. The use of business or trade or style names shall be in accordance with Rule 1.1.7 as applicable; |
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(x) |
Annual Disclosure. A Level 1, 2, 3 or 4 introducing dealer may comply with the disclosure requirements under paragraph (ix) by providing written disclosure at least annually to each of its clients whose accounts are being carried by the carrying dealer, outlining the relationship between the introducing dealer and the carrying dealer and the relationship between the client and the carrying dealer; |
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(xi) |
Clients Introduced to the Carrying Dealer. Each client introduced to the carrying dealer by the introducing dealer shall be considered a client of the carrying dealer for the purposes of complying with the By-laws and Rules to the extent of the services provided by the carrying dealer; |
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(xii) |
Responsibility for Reporting. The carrying dealer shall be responsible for sending account statements and confirmations to clients introduced to it by the introducing dealer as required by the By-laws and Rules to the extent such statements and confirmations relate to trading or account positions in respect of which the carrying dealer has provided services. The carrying dealer need not send a written confirmation of a trade in a security of a mutual fund where the manager of the mutual fund sends the client a written confirmation containing the information required to be sent under Rule 5.4.3; and |
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(xiii) |
Responsibility for Compliance. Unless otherwise specified in Rule 2 or in this Rule 1.1.6, the introducing dealer which is a Level 1 Dealer and its carrying dealer shall be jointly and severally responsible for compliance with the By-laws and Rules for each account introduced to the carrying dealer by the introducing dealer, and in all other cases the introducing dealer shall be responsible for such compliance, subject to the carrying dealer being also responsible for compliance with respect to those functions it agrees to perform under the arrangement entered into under this Rule 1.1.6. |
History |
Bulletin #0050-M – Amendments to MFDA Rules and Policy No. 3 (Handling Client Complaints) (issued February 3, 2004) |
Related Notices |
MR-0003 – Introducing/Carrying Dealer Arrangements (issued March 16, 2001).
MR-0029 – Joint Regulatory Notice: Joint Service and Omnibus Arrangements Between IDA and MFDA Members (issued June 11, 2004)
MR-0034 – Joint Regulatory Notice: Update to Joint Service and Omnibus Arrangements Between IDA and MFDA Members (issued November 30, 2004)
MR-0036 – MFDA Access to Information – Service Arrangements and Introducing/Carrying Arrangements (issued December 21, 2004)
MR-0044 – Member Obligations Regarding Service Providers (issued July 6, 2005) |
Related Bulletins |
#0038-C – Equity and Fixed Income Trades (issued November 12, 2003)
#0082-M – Notice of Material Changes to Membership Information (issued June 1, 2004)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010)
#0492-P – End of Transition Periods – September 28, 2011 |
| 1.1.7 |
Business Names, Styles, Etc. |
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(a) |
Use of Member Name. Except as permitted pursuant to Rule 1.1.6 with respect to introducing dealers and carrying dealers and subject to Rule 1.1.7(b) and (c), all business carried on by a Member or by any person on its behalf shall be in the name of the Member or a business or trade or style name owned by the Member or an affiliated corporation of the Member. |
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(b) |
Contracts, Account Statements and Confirmations. Notwithstanding the provisions of paragraph (a), the legal name of the Member shall be included on any contracts, account statements or confirmations of the Member. |
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(c) |
Use of Approved Person Trade Name. Notwithstanding the provisions of paragraph (a), an Approved Person may conduct any business of the Member in a business or trade name or style name that is not that of, or owned by, the Member or its affiliated corporation if: |
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(i) |
the Member has given its prior written consent; and |
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(ii) |
in all materials communicated to clients or the public (other than contracts, account statements or confirmations in accordance with (iii)): |
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| (A) |
the name is used together with the Member’s legal name; and |
| (B) |
the Member’s legal name or a business or trade or style name of the Member is at least equal in size and prominence to the business or trade or style name used by the Approved Person; |
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(iii) |
on contracts, account statements or confirmations, the Member’s legal name must be at least equal in size and prominence to the business or trade or style name used by the Approved Person. |
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(d) |
Notification of Trade Names. Prior to the use of any business or style or trade names other than the Member’s legal name, the Member shall notify the Corporation. |
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(e) |
Compliance with Applicable Legislation. Any business or trade or style name used by a Member or Approved Person must comply with the requirements of any applicable legislation relating to the registration of business or trade or style names. |
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(f) |
Single Use of Trade Names. No Member or Approved Person of such Member shall use any business or trade or style name that is used by any other Member, unless the relationship with such other Member is that of an introducing dealer and carrying dealer, in compliance with Rule 1.1.6. |
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(g) |
Misleading Trade Name. No Member or Approved Person shall use any business or trade or style name that is deceptive, misleading or likely to deceive or mislead the public. |
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(h) |
Prohibition of Use of Trade Name. The Corporation may prohibit a Member or Approved Person from using any business or trade or style name in a manner that is contrary to any provision of this Rule 1.1.7 or that is objectionable or contrary to the public interest. |
History |
Bulletin #0050-M – Amendments to MFDA Rules and Policy No. 3 (Handling Client Complaints) (issued February 3, 2004)
Bulletin #0114-P – Amendments to MFDA Rule 1.1.7 (Business Names, Styles, Etc.) issued November 22, 2004. |
Related Notices |
MR-0032 – MFDA Rule 1.1.7 - Use of business, Style or Trade Names by Members and Approved Persons (issued November 22, 2004)
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Related Bulletins |
#0056-C – Common Deficiencies Noted During On-Site Examinations of Members (issued February 9, 2004)
#0344-P – Housekeeping Amendments to MFDA Rule 1.1.7 (Business Names, Styles, Etc.) (issued November 26, 2008) |
| 1.2 |
INDIVIDUAL QUALIFICATIONS |
| 1.2.1 |
Salespersons |
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(a) |
Compliance with MFDA Requirements. Each Member shall ensure that any Approved Person who conducts any business on behalf of the Member executes and delivers to the Member an agreement in a form as prescribed from time to time by the Corporation agreeing, among other things, to be subject to, comply with and be bound by the By-laws and Rules. |
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(b) |
Training and Supervision. Upon commencement of trading or dealing in securities for the purposes of any applicable legislation on behalf of a Member, all Approved Persons who are salespersons shall complete a training program within 90 days of such commencement and a concurrent six month supervision period in accordance with such terms and conditions as may be prescribed from time to time by the Corporation, unless he or she has completed a training program and supervision period in accordance with this Rule with another Member or was licensed or registered in the manner necessary, and is in good standing, under applicable securities legislation to trade in mutual fund securities prior to the date of this Rule becoming effective. |
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(c) |
Dual Occupations. An Approved Person may have, and continue in, another gainful occupation, provided that: |
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(i) |
Permitted by legislation. The securities commission in the jurisdiction in which the Approved Person carries on or proposes to carry on business specifically permits him or her to devote less than his or her full time to the business of the Member for which he or she acts on behalf of; |
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(ii) |
Not prohibited. The securities commission in the jurisdiction in which the Approved Person carries on or proposes to carry on business does not prohibit an Approved Person from engaging in such gainful occupation; |
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(iii) |
Member approval. The Member for which the Approved Person carries on business either as an employee or agent is aware and approves of the Approved Person engaging in such other gainful occupation; |
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(iv) |
Member procedures. Such Member establishes and maintains procedures to ensure continuous service to clients and to address potential conflicts of interest; |
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(v) |
Conduct unbecoming. Any such gainful occupation of the Approved Person must not be such as to bring the Corporation, its Members or the mutual fund industry into disrepute; |
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(vi) |
Disclosure. Clear disclosure is provided to clients that any activities related to such other gainful occupation are not business of the Member and are not the responsibility of the Member; and |
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(vii) |
Financial planning. Any Approved Person that engages in financial planning services otherwise than through or on behalf of a Member must:
| (A) |
Regulations - provide such services through another person that is either regulated by a governmental authority or statutory agency or subject to the rules and regulations of a widely-recognized professional association; |
| (B) |
Legislation - comply with the requirements of any applicable legislation in connection with the services; |
| (C) |
Access - ensure that, subject to any applicable legislation, the Member and the Corporation have access to financial plans prepared on behalf of the clients of the Member by its Approved Persons; and |
| (D) |
Proficiency - have satisfied any applicable proficiency requirements by securities regulatory authorities having jurisdiction. |
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(d) |
Business Titles. No Approved Person shall hold him or herself out to the public in any manner including, without limitation, by the use of any business name or designation of qualifications or professional experience that deceives or misleads, or could reasonably be expected to deceive or mislead, a client or any other person as to the proficiency or qualifications of the Approved Person under the Rules or any applicable legislation. |
| History |
Bulletin #0246-P – Housekeeping Amendments to MFDA Rule 1.2.4 Currency of Courses and Section 1 of MFDA By-law No.1 (Issued January 8, 2007) |
| Related Policies |
MFDA Policy No. 1 (New Registrant Training and Supervision) (Issued February 23, 2001) |
Related Notices |
MR-0001 – Transition Periods (Replaced by MR-0026) (Issued March 16, 2001)
MR-0009 – Dual Occupations - Selling Deposit Instruments and Providing Non-Securities-Related Financial Planning Services (Issued October 1, 2001)
MR-0040 – Outside Business Activities (issued May 20, 2005)
MR-0064 – Maintaining Evidence of Disclosure (issued August 22, 2007) |
Related Bulletins |
#0056-C – Common Deficiencies Noted During On-Site Examinations of Members (Issued February 9, 2004)
#0120-M – Agreements of Approved Persons (issued January 7, 2005)
#0183-C – Second Round of Compliance Examinations (issued January 27, 2006)
#0196-P – Requirements for Registrants in Nova Scotia Engaging or Intending to Engage in a Business or Employment Activity Outside That of the Sponsoring Firm (issued June 7, 2006)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010) |
| 1.2.2 |
Branch Managers (removed December 2010) |
History |
Bulletin #0050-M – Amendments to MFDA Rules and Policy No. 3 (Handling Client Complaints) (issued February 3, 2004)
Bulletin #0246-P – Housekeeping Amendments to MFDA Rule 1.2.4 Currency of Courses and Section 1 of MFDA By-law No.1 (Issued January 8, 2007)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010) |
Related Notices |
MR-0001 – Transition Periods (issued March 16, 2001) - Replaced by MR-0026 (issued February 27, 2004) |
| 1.2.2 |
Reporting Requirements. |
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(a) |
Member Reporting. Every Member must report to the Corporation such information, in a manner and within such period of time, as may be prescribed by the Corporation from time to time relating to: |
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(i) |
complaints, criminal, civil and other legal proceedings, regulatory proceedings, arbitrations, contraventions and potential contraventions of legal and regulatory requirements, disciplinary action by regulatory bodies or by Members against Approved Persons, settlements with and compensation paid to clients, registration or licensing by any regulatory body, bankruptcies, insolvencies, garnishments and related events; |
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(ii) |
investigations by the Member relating to any of the matters in sub-section (i); and |
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(iii) |
information relating to the business and operation of the Member and its Approved Persons. |
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(b) |
Approved Person Reporting. Every Approved Person must report to the Member such information, in a manner and within such period of time, as may be prescribed by the Corporation from time to time relating to complaints, criminal, civil and other legal proceedings, regulatory proceedings, arbitrations, contraventions and potential contraventions of legal and regulatory requirements, disciplinary action by regulatory bodies, settlements with and compensation paid to clients, registration or licensing by any regulatory body, bankruptcies, insolvencies, garnishments and related events. |
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(c) |
Failure to Report. A Member shall be liable for and pay to the Corporation levies or assessments in the amounts prescribed from time to time by the Corporation for the failure of the Member or Approved Person to report any information required to be reported in the manner and within the period of time prescribed by the Corporation. |
| History |
Bulletin #0265-P – MFDA Policy 6 (Information Reporting Requirements) and amendments to MFDA Rule 1.2.5, 1.2.6 and MFDA Policy 3 (issued June 20, 2007)
Bulletin #0266-P – MFDA Policy 6 (Information Reporting Requirements) and amendments to MFDA Policy 3, MFDA Rule 1.2.5 and MFDA Rule 1.2.6 (issued July 3, 2007) |
| Related Policies |
MFDA Policy No. 6 – Information Reporting Requirements (issued July 3, 2007) |
| Related Bulletins |
#0056-C – Common Deficiencies Noted During On-site Examinations of Members (issued February 9, 2004)
#0082-M – Notice of Material Changes to Membership Information (issued June 1, 2004)
#0183-C – Second Round of Compliance Examinations (issued January 27, 2006)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010) |
| 1.2.3 |
Trading Partners, Directors, Officers and Compliance Officers (removed December 2010) |
| History |
Bulletin #0246-P – Housekeeping Amendments to MFDA Rule 1.2.4 Currency of Courses and Section 1 of MFDA By-law No.1 (Issued January 8, 2007)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010) |
Related Notices |
MR-0001 – Transition Periods (issued March 16, 2001) - Replaced by MR-0026 (issued February 27, 2004) |
| 1.2.4 |
Currency of Courses (removed December 2010) |
| History |
Bulletin #0246-P – Housekeeping Amendments to MFDA Rule 1.2.4 Currency of Courses and Section 1 of MFDA By-law No. 1 (issued January 8, 2007)
#0458-P – Amendments to MFDA By-law No. 1, Rules and Form 1 – Financial Questionnaire and Report (issued December 3, 2010) |
| Related Bulletins |
#0209-P – Notice of Exemption Granted Pursuant to Section 37 of By-law No. 1 (issued July 24, 2006)
#0211-P – Notice of Exemption Granted Pursuant to Section 37 of By-Law No. 1 (issued July 28, 2006) |
| 1.2.6 |
Notification of Termination of Approved Persons (Repealed). |
| History |
Bulletin #0058-M – Rule 1.2.6 (Notification of termination of Approved Persons) (issued February 10, 2004) |
| Related Bulletins |
Bulletin #0265-P – MFDA Policy 6 (Information Reporting Requirements) and amendments to MFDA Rule 1.2.5, MFDA Rule 1.2.6 and MFDA Policy 3 (issued June 20, 2007)
Bulletin #0266-P – MFDA Policy 6 (Information Reporting Requirements) and amendments to MFDA Policy 3, MFDA Rule 1.2.5 and MFDA Rule 1.2.6 (issued July 3, 2007) |
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