31-101 - Amendments to National Instrument 31-101 National Registration System [NI Proposed - Lapsed]
- BCN 2005/55 - Request for Comment on Proposed Amendments to National Instrument 31‑101 National Registration System and to National Policy 31‑201 National Registration System [BCN - Lapsed]
PART 1 Amendments to National Instrument 31-101
1.1 National Instrument 31-101 National Registration System is amended by this Instrument.
1.2 Paragraph (a) of the definition of “principal regulator” is repealed and the following is substituted:
“for a firm filer, the securities regulatory authority or regulator of the jurisdiction in which the firm filer’s head office is located;”
1.3 Section 2.3 is repealed and the following is substituted: “If a firm filer changes its head office to another jurisdiction, the firm filer must immediately notify its principal regulator of such change by submitting a completed Form 31-101F2.”
1.4 Item 3 of Form 31-101F1 is repealed and the following is substituted:
“3. Reasons for Designation of Principal Regulator State here the location of firm filer’s head office.”
1.5 Form 31-101F2 is amended
(a) Item 1 of the General Instructions is repealed and replaced by the following:
“1. The Form must be submitted by a firm filer to notify its principal regulator if a firm filer changes its head office to another jurisdiction.”
(b) Item 2 by striking out “the factors considered by the firm filer to determine the jurisdiction with which the firm filer has the most significant connection” and substituting “the head office”.
PART 2 Effective Date
2.1 This Instrument is effective June 1, 2006.