Securities Law

BCN 2003/49 - BCI 33-512 - Exemption for foreign advisers from the NRD account requirements [BCN - Rescinded]

Published Date: 2003-11-20
Effective Date: 2003-11-20

The Executive Director has granted an exemption to Multilateral Instrument 31-102 National Registration Database (MI 31-102) to exempt foreign advisers from the requirement to have an NRD account.

Substance and Purpose
For certain advisers it is impractical to establish and maintain an NRD account because they do not have a physical presence in Canada. The purpose of the exemption is to permit such advisers to use NRD without having to set up an NRD account.


Questions
Questions may be referred to:

Anthony Wong
Senior Legal Counsel
Legal and Market Initiatives
British Columbia Securities Commission
(604) 899-6777
or 1-800-373-6393 (in B.C. and Alberta)
awong@bcsc.bc.ca


November 19, 2003

 

L.E. Evans, C.A.
Director, Capital Markets Regulation

Ref:  MI 31-102

This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the Commission Documents database or the Historical Documents database.