Regulators take action to ensure PPN sales are subject to KYC, suitability rules
Later this fall, CTOs will be classified into two new distinct groups
Regulators aim to address compliance problems with “preliminary economic assessments”
Deadline extended to September 21
New rule imposes disclosure requirements on issuers that are quoted on the U.S. OTC markets and have a "significant connection" to a Canadian jurisdiction
Amendments would replace existing language with “designated rating organizations”
Fewer reviews completed in fiscal 2012 as regulators increased the number of full reviews
New category would allow U.S. broker dealers registered with FINRA to directly seek cross-membership with IIROC
Provincial regulators will adopt two different models for registering “non-resident” fund managers
Propose rule aims to address specific risks that may arise from electronic trading