Notice of BCSC Non-Objection to Proposed Housekeeping Amendment to MFDA Rule 1.1.7 – Business Names, Styles, etc.
On August 13, 2008, the BCSC did not object to the MFDA's proposed housekeeping amendment to its Rule 1.1.7 -Business Names, Styles, etc. The Alberta Securities Commission, the Saskatchewan Financial Services Commission, the Manitoba Securities Commission, the Ontario Securities Commission, the New Brunswick Securities Commission and the Nova Scotia Securities Commission have approved the amendment.
The amendment clarifies that the requirement in Rule 1.1.7(d) for an approved person to notify the MFDA prior to using any business name, style or trade name other than a members' legal name applies to names used in connection with the business of the member as well as business carried on by the approved person outside of the member.
A copy of the amendment is attached.
September 26, 2008