BCN 2009/24 - Advance Notice of National Instrument 23-102 Use of Client Brokerage Commissions [BCN - Lapsed]
- 23-102 - Use of Client Brokerage Commissions [NI Advance Notice - Lapsed]
- 23-102CP - Use of Client Brokerage Commissions [CP Advance Notice - Lapsed]
In the attached advance notice, the Canadian Securities Administrators announce the expected implementation of National Instrument 23-102 Use of Client Brokerage Commissions, and its related companion policy, effective June 30, 2010 (subject to ministerial consent).
The rule sets requirements for dealer and adviser conduct when advisers obtain goods and services, other than order execution, in connection with brokerage transactions involving client brokerage commissions.
October 6, 2009
Brent W. Aitken
Ref: National Instrument 23-102 Use of Client Brokerage Commissions
Companion Policy 23-102CP Use of Client Brokerage Commissions
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 section Securities Law & Policy: Policies & Instruments