31-505 - Temporary exemption for mutual fund dealers from MFDA membership [BCI - Rescinded]
| Published Date: | 2002-06-27 |
|---|---|
| Effective Date: | 2002-06-26 |
| Rescinded Date: | 2002-12-31 |
BRITISH COLUMBIA SECURITIES COMMISSION
BC INSTRUMENT 31-505
The Executive Director of the British Columbia Securities Commission, having considered that to do so would not be prejudicial to the public interest, orders, effective July 2, 2002, that:
- the attached BC Instrument 31-505 entitled "Temporary exemption for mutual fund dealers from MFDA membership" is made; and
- BC Instrument 31-504 entitled "Temporary exemption for mutual fund dealers from MFDA membership" is revoked.
June 26, 2002
Steve Wilson
Executive Director
(This part for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections: - Securities Act, section 48
Other (specify): -
BC INSTRUMENT 31-505
Temporary exemption for mutual fund dealers from MFDA membership
Order under Section 48 of the Securities Act
A person registered with the commission as a mutual fund dealer as at July 2, 2002 is exempt from being a member of the Mutual Fund Dealers Association of Canada, despite clause 6(2)(c)(ii)(A) of the Securities Rules, until the earlier of December 31, 2002 and the date specified, if any, in a condition of registration attached to that person’s registration.