MFDA seeks comment on CRM II amendments

The MFDA has published for public comment proposed amendments to MFDA Rules 2.8.3 (Rates of Return), 5.3 (Client Reporting) and 5.4 (Trade Confirmations).

By Staff | June 13, 2014 | Last updated on June 13, 2014

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The MFDA is seeking comment on proposed amendments to MFDA Rules 2.8.3 (Rates of Return), 5.3 (Client Reporting) and 5.4 (Trade Confirmations).

Read: CRM II requirements for 2014

The amendments’ objective is to bring MFDA rules into line with requirements introduced into NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations in the areas of: client statements, charges and compensation disclosure and performance reporting.

The amendments to NI 31-103 came into force on July 15, 2013.

Click here for a copy of the MFDA Notice.

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