32-502 - Exemption from suitability requirements [BCI- Rescinded]
| Published Date: | 2001-09-17 |
|---|---|
| Effective Date: | 2001-09-06 |
| Rescinded Date: | 2009-09-28 |
BC INSTRUMENT 32-502
The British Columbia Securities Commission, having considered that to do so would not be prejudicial to the public interest, orders that the attached BC Instrument 32-502 entitled "Exemption from suitability requirements" is made, effective September 6, 2001.
September 17, 2001
Douglas M. Hyndman
Chair
(This part for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections: -Securities Act, section 48
Other (specify): -
BC INSTRUMENT 32-502
Exemption from suitability requirements
Order under section 48 of the Securities Act
A registrant need not comply with section 48 of the Securities Rules if the registrant is a member of the Investment Dealers Association of Canada and complies with its ‘know your client’ and suitability requirements.