Second Publication for Comment of Proposed Amendments to Implement Core Principles of the Client Relationship Model

View PDF of Proposed Amendments to MFDA Rule 2.2 (Client Account), Policy No. 2 Minimum Standards for Account Supervision, Rule 2.8 (Client Communications) and Rule 5.3 (Client Reporting) PDF

Date published: April 24, 2009
Comment period expires: July 23, 2009

The Commission is re-publishing for a 90 day comment period proposed amendments to MFDA Rule 2.2 (Client Accounts), Policy No. 2 - Minimum Standards for Account Supervision, Rule 2.8 (Client Communications) and Rule 5.3 (Client Reporting) to implement core principles of the Client Relationship Model.  The MFDA revised its proposed amendments based on comments from the first publication period and after consultations with the CSA and the Investment Industry Regulatory Organization of Canada (IIROC).  The Ontario Securities Commission (OSC) is also re-publishing IIROC's proposed amendments related to the Client Relationship Model, which you can find on the OSC's website.  The comment period expires July 23, 2009.