Many aren’t aware the exempt market is much larger than the stock market. But governments are, and regulators are promising to crack down on this largely unregulated market with stricter controls and smaller investing limits.
The Exempt Market Dealers Association of Canada (EMDA) has changed its name to the Private Capital Markets Association of Canada / l'Association du marché des capitaux privés du Canada. PCMA was originally established in 2002 as the Limited Markets Dealers Association of Canada.
The Exempt Market Dealers Association of Canada (EMDA) announced the winners of the 2013 EMDA Awards. The awards, created to recognize the exempt market deal of the year, will be presented today at the 2013 EMDA Exempt Market Conference in Toronto. Also read: IIROC updates Restricted Dealer Member Proposal “The winners are helping to finance […]
The Mutual Fund Dealers Association of Canada (MFDA) has advised fund dealers to take more stringent supervisory measures to determine suitability of investments as they relate to seniors, sale of exempt securities, and use of leverage. Read: MFDA revises rep’s terms of settlement In a bulletin detailing its regulatory priorities, the SRO recommends dealers “assess […]
The British Columbia Securities Commission is considering requiring people to register as EMDs, even if they sell only private placement securities. In 2009, British Columbia, Alberta, Manitoba, Saskatchewan, Northwest Territories, Nunavut, and Yukon provided an exemption from the requirement to register as EMDs for persons selling only private placement securities under the capital raising exemptions. […]