Amid the recent market turmoil, the Mutual Fund Dealers Association of Canada is asking certain members for greater information about their regulatory capital positions.

In a notice to members, the MFDA says that “given the recent volatility in the capital markets over the past couple of weeks,” it is requesting that all members that hold securities as part of their regulatory capital provide supplemental information supporting the securities held. Members are required to provide the specific names and details of the securities owned and sold short that coincide with the balances reported in their monthly financial report for August.

Also, if there have been any significant changes in these securities holdings since Aug. 31, firms are asked to provide details of those changes as well. The information is to be submitted by Sept. 29.

The MFDA says that its financial compliance staff will review this information when it is reviewing the firm’s financial report for August. Further information may be requested following these reviews, it adds.