Firms must apply for registration or transfer client accounts
Deadline for applications is May 31
Goal is to improve member participation
Nominations open until April 2
Clients need protection says regulator
The Mutual Fund Dealers Association has extended the transition period for the use of personal corporations in some provinces, but not Alberta and New Brunswick. It is also suspending a rule regarding related-member guarantees.In a notice, the MFDA says the transition period for the personal corporation rule was to expire on March 1. The MFDA […]
Consolidated summaries must include disclaimer
Commisions may be paid to personal corporations
MFDA publishes comments about proposal to require firms to notify MFDA about termination of reps
The Mutual Fund Dealers Association has released a list of the common deficiencies it found during on-site examinations of members. As well, the regulator says that the transition periods for minimum capital requirements are ending soon.In a recent bulletin, the MFDA lists the deficiencies found during its inspections. They include: New Account Application Forms that […]