The BCSC is inviting comments on the proposed rules until the end of the year
New guidelines correct errors from previous version released in December 2006
New U.S. SRO will look at brokers using “professional” designations and at early retirement seminars aimed at misleading and defrauding investors
But decision may be changed depending on the comments the MSC receives
Main amendments deal with take-over bids and issuer bids
Proposed amendments aim to modify requirements regarding the calculation of NAV to reflect new accounting rules and to clarify or correct certain provisions
Thomas Edward McLellan knowingly permitted an approved person who was not registered to serve the roles of an advisor
The bill will implement the passport regulatory system and introduce civil liability for secondary market disclosure, among others
Technology aims to help investors analyze financial information
Firm failed to maintain risk adjusted capital at a level greater than zero