31-601 - Registration Requirements [BCP - Rescinded]
| Published Date: | 2003-11-26 |
|---|---|
| Effective Date: | 2003-11-25 |
| Rescinded Date: | 2005-06-01 |
| Document(s): |
|
Table of Contents
| PART | TITLE |
 | |
| PART A | STREAMLINING INFORMATION AND CONTEXT |
| |
| PART 1 | EFFECTIVE DATE AND PURPOSE |
| 1.1Effective Date |
| 1.2Purpose of this Policy |
| 1.3Refer to the Act, Regulation and Rules |
| 1.4Forms |
| 1.5Courses |
| 1.6Defined Terms |
| |
| PART 2 | CATEGORIES OF REGISTRATION |
| 2.1Dealer |
| 2.2Underwriter |
| 2.3Adviser |
| 2.4Partner, Director or Officer |
| 2.5Salesperson and Advising Employee |
| |
| PART 3 | REGISTRATION FOR SECURITIES AND LICENSING FOR INSURANCE |
| 3.1Purpose and Scope |
| 3.2Dealer’s Responsibility |
| 3.3Requirements for Registration as a Salesperson |
| 3.4Executive Director’s Requirements for Individuals Applying for Licensing under the Financial Institutions Act |
| 3.5Executive Director May Impose Conditions |
| 3.6General Conditions for Maintaining Registration |
| 3.7Salesperson’s Conditions for Maintaining Registration |
| 3.8Dealer’s Conditions for Maintaining Registration |
| 3.9Delivery of Notice |
| |
| PART 4 | CONDITIONS OF REGISTRATION |
| 4.1Power to Waive, Vary or Add to Provisions Respecting Registration |
| 4.2Duty to Deal Fairly, Honestly and in Good Faith |
| 4.3Referral Fees and Commission Splitting |
| 4.4Contingent Commissions and Fees |
| 4.5Communication with the Public |
| 4.6Holding Out |
| 4.7Trading Securities Under Exemptions |
| 4.8Interest in Other Registrants |
| 4.9Conflict of Interest |
| 4.10Writing and Rewriting Courses or Examinations |
| 4.11Application for Renewal of Registration |
| 4.12Opportunity to be Heard |
| 4.13Hearing and Review |
| |
| PART 5 | RECORD KEEPING AND POLICY AND PROCEDURE MANUAL |
| 5.1Record Keeping Requirements |
| 5.2Summary of Distributions - Underwriter's Record Keeping Requirements |
| 5.3Financial Statements |
| 5.4Other Financial Reports |
| 5.5Members to File with IDA - Pacific |
| 5.6Policy and Procedure Manual |
| 5.7Due Diligence Procedures for Underwriters |
| 5.8Documents to be Available for Inspection |
| 5.9Records to be Kept by Securities Advisers |
| |
| PART 6 | COMPLIANCE OFFICERS AND BRANCH MANAGERS |
| 6.1Compliance Officer |
| 6.2Branch Manager |
| |
| PART 7 | INVESTMENT DEALER |
| 7.1General Requirements |
| 7.2Description of Investment Dealer |
| 7.3Application to IDA - Pacific |
| 7.4Categories of Registration used by IDA - Pacific |
| |
| PART 8 | SECURITIES DEALER |
| 8.1General Requirements |
| 8.2Description of Securities Dealer |
| 8.3Positive Risk Adjusted Capital |
| 8.4Proficiency Requirements for Trading Partner, Director or Officer |
| 8.5Proficiency Requirements for Salesperson |
| 8.6Proficiency Requirements for Compliance Officer |
| |
| PART 9 | LIMITED DEALER - EXCHANGE CONTRACTS DEALER |
| 9.1General Requirements |
| 9.2Description of Limited Dealer - Exchange Contracts Dealer |
| 9.3Additional Conditions of Registration for Trading in Foreign Exchange Contracts |
| 9.4Positive Risk Adjusted Capital |
| 9.5Proficiency Requirements for Trading Partner, Director or Officer |
| 9.6Proficiency Requirements for Salesperson |
| 9.7Proficiency Requirements for Compliance Officer |
| |
| PART 10 | LIMITED DEALER - MUTUAL FUND DEALER |
| 10.1General Requirements |
| 10.2Description of Limited Dealer - Mutual Fund Dealer |
| 10.3Working Capital |
| 10.4Proficiency Requirements for Trading Partner, Director or Officer |
| 10.5Proficiency Requirements for Salesperson |
| 10.6Proficiency Requirements for Compliance Officer |
| |
| PART 11 | LIMITED DEALER - SECURITY ISSUER |
| 11.1General Requirements |
| 11.2Description of Limited Dealer - Security Issuer |
| 11.3Proficiency Requirements for Trading Partner, Director or Officer |
| 11.4Proficiency Requirements for Salesperson |
| 11.5Proficiency Requirements for Compliance Officer |
| |
| PART 12 | LIMITED DEALER - REAL ESTATE SECURITIES DEALER |
| 12.1General Requirements |
| 12.2Description of Limited Dealer - Real Estate Securities Dealer |
| 12.3Working Capital |
| 12.4Proficiency Requirements for Trading Partner, Director or Officer |
| 12.5Proficiency Requirements for Salesperson |
| 12.6Proficiency Requirements for Compliance Officer |
| |
| PART 13 | LIMITED DEALER - SCHOLARSHIP PLAN DEALER |
| 13.1General Requirements |
| 13.2Description of Limited Dealer - Scholarship Plan Dealer |
| 13.3Working Capital |
| 13.4Proficiency Requirements for Trading Partner, Director or Officer |
| 13.5Proficiency Requirements for Salesperson |
| 13.6Proficiency Requirements for Compliance Officer |
| |
| PART 14 | UNDERWRITER |
| 14.1General Requirements |
| 14.2Description of Underwriter |
| 14.3Application to IDA - Pacific or Commission |
| 14.4Positive Risk Adjusted Capital |
| 14.5Proficiency Requirements for Compliance Officer |
| |
| PART 15 | PORTFOLIO MANAGER |
| 15.1General Requirements |
| 15.2Description of Portfolio Manager |
| 15.3Exemption for Investment Dealer Acting as Portfolio Manager |
| 15.4Working Capital |
| 15.5Proficiency Requirements for Advising Partner, Director or Officer and Advising Employee |
| 15.6Proficiency Requirements for Advising a Mutual Fund about Permitted Derivatives |
| 15.7Proficiency Requirements for Compliance Officer |
| 15.8Other Restrictions on Managing Portfolios |
| 15.9Conditions of Registration - Foreign Adviser |
| |
| PART 16 | INVESTMENT COUNSEL |
| 16.1General Requirements |
| 16.2Description of Investment Counsel |
| 16.3Working Capital |
| 16.4Proficiency Requirements for Advising Partner, Director or Officer and Advising Employee |
| 16.5Proficiency Requirements for Compliance Officer |
| 16.6Other Restrictions on Investment Counseling |
| 16.7Conditions of Registration - Foreign Adviser |
| |
| PART 17 | SECURITIES ADVISER |
| 17.1General Requirements |
| 17.2Description of Securities Adviser |
| 17.3Proficiency Requirements for Advising Partner, Director or Officer and Advising Employee |
| 17.4Proficiency Requirements for Compliance Officer |
| 17.5Other Restrictions on Advising |
| |
| APPENDIX 1 - DEFINITIONS | |
| |
| APPENDIX 2 - INFORMATION SOURCES | |