Topics P - Z

Determining whether an investor is a permitted client

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.2

Relationship Disclosure Information (RDI) and permitted clients

See Relationship disclosure information (RDI) ➜ Permitted clients and relationship disclosure

Definition of permitted individual

See Registration - Individuals ➜ Permitted individuals

Policies and procedures on personal trading

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 42

CSA Staff Notice 31-350 Guidance on Small Firms Compliance and Regulatory Obligations

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 46-48

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55 - 77

General guidance

CSA Staff Notice 31-350 Guidance on Small Firms Compliance and Regulatory Obligations

See Compliance system of registered firm ➜ Internal controls and policies and procedures

Account statement delivery obligations and use of consolidated account statements

See Reporting to clients ➜ Portfolio managers - account statement delivery obligations and use of consolidated account statements

Advising clients in other jurisdictions without appropriate registration or exemption from registration

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55-56

Advising in respect of recognized options, proficiency

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 54-55

Best execution obligations

See Best execution obligations

Delegation of KYC & suitability obligations by portfolio managers to referral agents

See Know-your-client (KYC), know-your-product (KYP) and suitability requirements ➜ Delegation of KYC & suitability obligations by portfolio managers to referral agents

Inadequate number of advising representatives and associate advising representatives

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 52-54

Inappropriate access to client's custody accounts

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 58-59

Insider status of clients and insider trading rules

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 67 - 68

Institutional trade matching and settlement requirements

See Institutional trade matching and settlement

Investment allocation (fairness policy)

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.10

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 61-63

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 57 - 58

KYC and suitability information updates for managed account clients

See Know-your-client (KYC), know-your-product (KYP) and suitability requirements ➜ KYC and suitability - general guidance

KYC in Investment Policy Statements (IPSs) and Investment Management Agreements (IMAs)

See Know-your-client (KYC), know-your-product (KYP) and suitability requirements ➜ Portfolio managers and KYC in Investment Policy Statements (IPSs) and Investment Management Agreements (IMAs)

Limitation of liability clauses

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 37-38

Managed accounts - accredited investor exemption and investment fund securities

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 11 - 12, page 76

Managed accounts - exemptive relief from prospectus requirements for non-accredited investors who are "secondary clients"

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

On-line advisory services

See On-line advising or dealing services ➜ On-line advisory services by portfolio managers

Personal trading

See Personal trading

Policies and procedures - portfolio management and trading practices

See Compliance system of registered firm ➜ Internal controls and policies and procedures - portfolio management and trading practices

Prohibited investments

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, page 37

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 25-26

Service arrangements with affiliated dealer

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 63-66

Service arrangements with IIROC dealer members

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

Supervision of advising representatives, associate advising representatives and research analysts

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 52-54

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, page 44

See Compliance system of registered firm ➜ Supervision of advising representatives, associate advising representatives and research analysts by portfolio managers

Trade matching and settlement

See Institutional trade matching and settlement

Trades between client accounts and inter-fund trades (prohibited cross trades)

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, page 38

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 61-62

See also Investment funds and investment fund managers ➜ Prohibited investments for investment funds

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 73-74

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 13.5

OSC Staff Notice 33-743 Guidance on Sales Practices, Expense Allocation and other Relevant Areas Developed from the Results of the Targeted Review of Large Investment Fund Managers, page 5794

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 40-42

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55 - 58

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

Use of client brokerage commissions (formerly, "soft dollars")

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 42-43

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55 - 57

Accredited investor exemption

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 4

Companion Policy 45-106CP Prospectus Exemptions, section 3.5

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 11 - 12, pages 68 - 69

See also Exempt market dealers (EMDs) ➜ Accredited investor exemption and sale of exempt securities to non-accredited investors

Asset acquisition exemption

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 28-29

Crowdfunding under MI 45-108

See Crowdfunding under MI 45-108

Determining when exemption is available - responsibility and compliance

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 36

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 50-55

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 46-47

Companion Policy 45-106CP Prospectus Exemptions, section 1.9

Companion Policy 45-501CP Ontario Prospectus and Registration Exemptions, section 3.3

Distributions outside Canada

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36-37

Companion Policy 72-503 Distributions Outside Canada

Existing security holder exemption

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 6

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 11

Family, friends and business associates exemption

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 50-55

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 7

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 11

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 28-29

General guidance

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 48-50

Summary of Key Capital Raising Prospectus Exemptions in Ontario, pages 1 - 3

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 11

Companion Policy 45-106CP Prospectus Exemptions

Local exemptions (available in Ontario only)

CSA Staff Notice 45-304 (Revised) - Notice of Local Exemptions Related to NI 45-106 Prospectus Exemptions and NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, page 1, page 7-8

Minimum amount investment exemption

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 8

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 11

Companion Policy 45-106CP Prospectus Exemptions, section 3.9

Not-for profit organizations distributing securities

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28-30

Offering memorandum - guidance on use of OM in connection with distributions in reliance on certain prospectus exemptions

See Offering memoranda ► Guidance on use of offering memoranda in connection with distributions in reliance on certain prospectus exemptions

OM exemption

CSA Notice of Amendments to National Instrument 45-106 Prospectus Exemptions and Changes to Companion Policy 45-106CP Prospectus Exemptions Relating to the Offering Memorandum Prospectus Exemption

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 36

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 51-52

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 50-55

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 9

Exempt Market Review - Backgrounder, page 2

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 28-29

Private issuer exemption

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 38

Companion Policy 45-106CP Prospectus Exemptions, section 3.6

Reinvestment plans

Companion Policy 45-106CP Prospectus Exemptions, section 3.4.1

Reports of exempt distributions

CSA Staff Notice 45-325 Filing Requirement and Fee Payable for Exempt Distributions involving Fully Managed Accounts

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch

OSC Staff Notice 51-728 Corporate Finance Branch 2016-2017 Annual Report, page 32

OSC Staff Notice 33-735 Sale of Exempt Securities to Non-Accredited Investors, page 5424

Companion Policy 45-106CP Prospectus Exemptions, section 5.1

Companion Policy 45-501CP Ontario Prospectus and Registration Exemptions, section 6

CSA Staff Notice 45-308 (Revised) Guidance for Preparing and Filing Reports of Exempt Distribution under National Instrument 45-106 Prospectus Exemptions

Exempt Market Review - Backgrounder, page 4-5

Resale restrictions on exempt securities

Companion Policy 45-106CP Prospectus Exemptions, section 6.1

Companion Policy 45-501CP Ontario Prospectus and Registration Exemptions, section 7.1

See Crowdfunding under MI 45-108 ► resale of securities distributed under the crowdfunding prospectus exemption

Review of prospectus exemptions and consideration of new prospectus exemptions

Notice of General Order Ontario Instrument 45-507 Self-Certified Investor Prospectus Exemption (Interim Class Order)

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 10 - 13

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 10

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 10 - 11

Rights offering exemption

CSA Staff Notice 45-323 (Revised) Update on Use of the Rights Offering Exemption in National Instrument 45-106 Prospectus Exemptions

Multilateral CSA Staff Notice 45-322 Potential Concerns with the Stucture of Rights Offerings

OSC Staff Notice 51-727 Corporate Finance Branch - 2015-2016 Annual Report

Exempt Market Review - Backgrounder, page 4

Summary of Key Capital Raising Prospectus Exemptions in Ontario, page 11
 

Self-certified investor exemption

Ontario Instrument 45-507 Self-Certified Investor Prospectus Exemption (Interim Class Order)

Soliciting and advertising to purchasers

See Crowdfunding under MI 45-108 ►Funding portals - advertising and general solicitation

Companion Policy 45-106CP Prospectus Exemptions, section 3.1 - section 3.3.1

Companion Policy 45-501CP Ontario Prospectus and Registration Exemptions, section 3.6

Syndications (persons created solely to use exemptions)

Companion Policy 45-106CP Prospectus Exemptions, section 1.8
 

Underwriters - availability of prospectus exemptions generally

Companion Policy 45-106CP Prospectus Exemptions, section 1.7

Companion Policy 45-501CP Ontario Prospectus and Registration Exemptions, section 3.5

Delegation of KYC and suitability obligations under referral arrangements

See Know-your-client (KYC), know-your-product (KYP) and suitability requirements ➜ Delegation of KYC & suitability obligations, general guidance and Delegation of KYC & suitability obligations by portfolio managers to referral agents

Disclosure to clients, including disclosure of referral fees

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, page 13

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 13.10, section 14.17

General guidance

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, page 40 - 42

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 13.7 - 13.9

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 61 - 63

Referral agreements

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 13.8

Criminal charges

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 81

CSA Disciplined List

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 81

General guidance

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 76-78

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 69-73

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 79 - 81

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 17-18

OSC Staff Notice 34-701 Publication of Decisions of the Director on Registration Matters under Part XI of the Securities Act (Ontario) ("Opportunities to be Heard")

Opportunities to be heard (OTBHs) - Director's Decisions on contested and settled OTBHs, by topic and year

See Director's Decisions on OSC website

Opportunities to be heard and settlement agreements - guidance

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 76-78

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 69-73

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 79 - 80

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 17-19

OSC Staff Notice 34-701 Publication of Decisions of the Director on Registration Matters under Part XI of the Securities Act (Ontario) ("Opportunities to be Heard")

Procedures for Opportunities to be Heard Before Director’s Decisions on Registration Matters made under the Statutory Powers Procedures Act

Terms and conditions, close supervision and strict supervision

CSA Staff Notice 31-349 Change to Standard Form Reports for Close Supervision and Strict Supervision Terms and Conditions

Terms and conditions on, suspension of or termination of registration

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 82

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 17-19

OSC Staff Notice 34-701 Publication of Decisions of the Director on Registration Matters under Part XI of the Securities Act (Ontario) ("Opportunities to be Heard"),

Registrant Advisory Committee (RAC)

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 17

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 13

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 20 - 21

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 14

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 19 - 20

Registrant outreach program

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 12-13

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 11-12

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers page 19-20, page 21

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 13

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 18 - 19

Applying for registration - process for applying

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-17

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 27 - 28

OSC Staff Notice 33-734 2010 Compliance and Registrant Regulation Branch Annual Report, page 11

Companion Policy 33-109CP Registration Information, section 3.1

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 23 - 25, pages 26 - 27

Applying for registration - unclear or evolving business model

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28

Business locations of firms

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 16

Companion Policy 33-109CP Registration Information, section 3.3

NRD Information User Guide

Business trigger for trading and advising

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, page 43

Categories of registration and the entities that are required to register in those categories

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, CP Part 7

Changes to registration information of firms

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 33-35

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 28 - 29

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 26

Companion Policy 33-109CP Registration Information, section 1.4, section 3.2, Appendix A

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, page 41

Commodity Futures Act (Ontario)

Companion Policy 33-109CP Registration Information, section 5.1

OSC Staff Notice 35-704 (Commodity Futures Act) Non-Resident Advisers

Cryptocurrency Offerings

See Crypto-Asset Offerings

Contracts for difference (CFDs) - dealer and adviser registration requirements

See Over-the-counter (OTC) derivatives ➜ Contracts for difference (CFDs), foreign exchange contracts and similar OTC derivatives offered in Ontario

Exemptions for bulk transfers of locations and individuals (reorganization or combination of firms)

Companion Policy 33-109CP Registration Information, section 3.4, Appendix C

Exemptions - client mobility exemptions

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55-56

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 8.30

Exemptions - when not available to a registrant

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 8 preamble

Exemptions from the requirement to register - advisers

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 26

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 21-23

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 8, section 8.24 - 8.26, Section 8.26.1

Exemptions from the requirement to register - dealers and underwriters

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 21-23

CSA Staff Notice 31-346 Guidance as to the Scope of the International Dealer Exemption in relation to Foreign-Currency Fixed Income Offerings by Canadian Issuers

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 8, section 8.5, section 8.5.1, section 8.6, section 8.18 section 8.19, section 8.22.1

Exemptions from the requirement to register - general guidance

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 32-33

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, page 29

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, CP Part 8

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 27, page 62

Exemptions from the requirement to register - foreign dealers and advisers

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 27

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 96-97

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 21-23

CSA Staff Notice 31-346 Guidance as to the Scope of the International Dealer Exemption in relation to Foreign-Currency Fixed Income Offerings by Canadian Issuers

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 14 -15

Companion Policy 35-101CP Conditional Exemption from Registration for United States Broker-Dealers and Agents

OSC Staff Notice 32-505 Conditional Exemption from Registration for United States Broker-Dealers and Advisers Servicing U.S. Clients from Ontario, Pages 1-2

OSC Companion Policy 32-505CP Conditional Exemption from Registration for United States Broker-Dealers and Advisers Servicing U.S. Clients from Ontario

Exemptions from the requirement to register - Commodity Futures Act (Ontario) - dealers

OSC Staff Notice 33-744 Availability of registration exemptions to foreign dealers in connection with trades in options and futures contracts under the Commodity Futures Act (Ontario), pages 1-4

Exemptions - Local registration exemptions (available in Ontario only)

CSA Staff Notice 45-304 (Revised) - Notice of Local Exemptions Related to NI 45-106 Prospectus Exemptions and NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations page 1, page 7-8

Fitness/suitability for registration

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 16

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

Companion Policy 33-109CP Registration Information, section 1.1, section 2.7

Companion Policy 13-502CP Fees, section 7.2

Companion Policy 13-503CP (Commodity Futures Act) Fees, section 5.2

Foreign firms - identifying the principal regulator

Companion Policy 33-109CP Registration Information, section 3.1

Form 33-109F3 Business Locations other than Head Office

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 16

Companion Policy 33-109CP Registration Information, section 3.3

NRD Information User Guide

Form 33-109F5 Change of Registration Information

See also Registration - Firms ➜ Changes to registration information of firms

Companion Policy 33-109CP Registration Information, section 3.2

Companion Policy 13-502CP Fees, sections 7.1, 7.3

Form 33-506F5 Change of Registration Information (Commodity Futures Act)

Companion Policy 13-503CP (Commodity Futures Act) Fees, sections 5.1, 5.3

Form 33-109F6 Firm Registration

Companion Policy 33-109CP Registration Information, section 3.1

Forms, quick link to

See OSC website, Information for Dealers, Advisers and Investment Fund Managers, Forms and Documents page

Funding portals

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-19

See Crowdfunding under MI 45-108

Investment fund managers

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3, section 7.3

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 73 - 74

Investment fund managers - fund complexes or groups with more than one investment fund manager

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 23-24

Investment fund managers - non-resident investment fund managers

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 21-23

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 25-26

Companion Policy 32-102CP Registration Exemptions for Non-Resident Investment Fund Managers, Appendix A

Lending firms

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 40-41

Mortgage investment entities (MIEs)

See Mortgage investment entities (MIEs) ➜ Registration obligations - investment fund manager, adviser, dealer

Non-resident advisers to non-resident investment funds

OSC Staff Notice 35-704 (Commodity Futures Act) Non-Resident Advisers

Not-for-profit organizations distributing securities

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28-30

Not-for-profit issuers

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 27

Notice pursuant to section 11.9 or 11.10 of NI 31-103

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 46-47

Novel business activities

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 14-17

See OSC LaunchPad website

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-19

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 19-22

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 26-27

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28, pages 63 - 68

On-line services

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-19

For on-line services and the requirement to register, see On-line advising or dealing services

Peer-to-peer lending websites

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-19

See On-line advising or dealing services ➜ Peer-to-peer lending websites

Registration as the first compliance review (pre-registration reviews)

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24-26

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 23 - 25

OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers, pages 29-33

Restricted dealers

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 7.1

Split share companies and requirement to have registered portfolio manager

See Split share companies ➜ Portfolio manager requirement

Securities issuers

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, page 26

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 27

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

Suspension, revocation or surrender of registration

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 11-12
 

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 25-28

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 26 - 27

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, CP Part 10

Terms and conditions on registration to address business model

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 19

Trading with or advising non-Ontario investors

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 25

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 21-22

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 21-22

Venture capital and private equity

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

Applications for registration, common deficiencies in

OSC Staff Notice 33-750 Compliance and Registrant Regulation – Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24 - 25

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 23-30

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 16-17, pages 19-21, pages 25-28, pages 73-74

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24-28

OSC Staff Notice 33-734 2010 Compliance and Registrant Regulation Branch Annual Report, pages 12-15

Applications for registration, misrepresentations and related omissions in

CSA Staff Notice 33-320 The Requirement for True and Complete Applications for Registration

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 29-30

Applying for registration - delayed or no response to staff inquiries

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 28

Applying for registration - risk based approach

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 21

Forms, quick link to

See OSC website, Information for Dealers, Advisers and Investment Fund Managers, Forms and Documents page

Fundamental concepts of registration requirement

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 20

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

Late filings, fees for late filings

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 18

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 29 - 30

National Registration Database (NRD)

Companion Policy 33-109CP Registration Information, section 2.1

See also the NRD website, under "About" and "FAQ"

Opportunity to be heard (OTBH) - Upon staff recommendation to refuse to grant, renew, reinstate or amend registration or to impose terms and conditions on registration

See Registrant misconduct ➜ Opportunities to be heard (OTBHs) and settlement agreements

Service commitment

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 19

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 26

Adding, surrendering or changing categories

Companion Policy 33-109CP Registration Information, section 2.3

See also the NRD User Guide guidance on changing/surrendering individual categories

Additional jurisdiction/additional sponsoring firm (forms)

Companion Policy 33-109CP Registration Information, section 2.2

See also the NRD User Guide guidance on changing/surrendering individual categories

Applying for registration – new advisers and CCO applicants at small PM firms

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 33 - 34

Applying for registration - process for applying

OSC Staff Notice 33-734 2010 Compliance and Registrant Regulation Branch Annual Report, page 11

Companion Policy 33-109CP Registration Information, section 2.2

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 26 - 27

Business locations

Companion Policy 33-109CP Registration Information, section 2.6

Business trigger for trading and advising

See Registration - Firms ➜ Business trigger for trading and advising

Changes to registration information of individuals

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 32 - 33

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 27

Companion Policy 33-109CP Registration Information, section 1.4, section 2.4, section 4.2, Appendix A

Commodity Futures Act (Ontario)

See Registration - Firms ➜ Commodity Futures Act (Ontario)

Criminal charges

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 73-74

See Registrant misconduct ➜ Criminal charges

Exemptions - client mobility exemptions

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 55-56

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 2.2

Exemption from the requirement to register - dealers and underwriters

Companion Policy 72-503 Distributions Outside Canada

Exemption from the requirement to register - foreign dealers and advisers

Companion Policy 72-503 Distributions Outside Canada

Exemptions - when not available to a registrant

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 8 preamble

Fitness/suitability for registration

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 29 - 30

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 16

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 1.3

Companion Policy 33-109CP Registration Information, section 1.1, section 2.7

Form 33-109F1 Notice of Termination of Registered Individuals and Permitted Individuals

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24-25

Companion Policy 33-109CP Registration Information, section 1.3, section 3.5

See also the NRD User Guide guidance on notice of termination and updating/correcting termination information

Form 33-109F2 Change or Surrender of Individual Categories

See Registration - Individuals ➜ Adding, surrendering or changing categories

Form 33-109F4 Registration of Individuals and Review of Permitted Individuals

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24-25

See also Registration - Individuals ➜ Changes to registration information of individuals

See also Registration - Individuals ➜ Reactivation/reinstatement of registration

Companion Policy 33-109CP Registration Information, section 2.2

See also the NRD User Guide guidance on initial submissions

Form 33-109F5 Change of Registration Information

See also Registration - Individuals ➜ Changes to registration information of individuals

Companion Policy 33-109CP Registration Information, section 2.4

Form 33-109F7 Reinstatement of Registered Individuals and Permitted Individuals

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 30 - 31

Companion Policy 33-109CP Registration Information, section 2.5

Forms, quick link to

See OSC website, Information for Dealers, Advisers and Investment Fund Managers, Forms and Documents page

Funding portals

See Crowdfunding under MI 45-108

Misleading titles

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 23-24

Permitted individuals

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 27-28

Companion Policy 33-109CP Registration Information, section 1.2, section 2.2

Proficiency requirements, advising in respect of recognized options

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 54-55

Proficiency requirements - advising or associate advising representative, relevant investment management experience

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 3.3, section 3.11 and 3.12, section 4.2, Appendix C

CSA Staff Notice 31-332 Relevant Investment Management Experience for Advising Representatives and Associate Advising Representatives of Portfolio Managers

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 22

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 33 - 34

Proficiency requirements, applying for exemptive relief from

See also the NRD User Guide guidance, "How to Apply for an Exemption"

Proficiency requirements, general guidance

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 3 Division 1, Section 3.3, section 3.4, Appendix C

OSC Staff Notice 33-736 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 26-28

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 33 - 34

Reactivation/reinstatement of registration

See also Registration - Individuals ➜ Form 33-109F7 Reinstatement of Registered Individuals and Permitted Individuals

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 31

Companion Policy 33-109CP Registration Information, section 2.2, section 2.5, section 4.2

Registrable activity

OSC Staff Notice 33-750 Compliance and Registrant Regulation - Summary Report for Dealers, Advisers and Investment Fund Managers, pages 27 - 28

Restrictions on registered individuals - acting for another registered firm (dual registration)

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 4.1

Registration of Client Relationship Managers

OSC Staff Notice 33-752 2021 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 12-13

Suspension or revocation of IIROC or MFDA approval

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, sections 6.2 - 6.3

Suspension, revocation, surrender or transfer of registration

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 6, section 6.1, section 6.6

Companion Policy 33-109CP Registration Information, section 2.5

Terms and conditions, close supervision and strict supervision

CSA Staff Notice 31-349 Change to Standard Form Reports for Close Supervision and Strict Supervision Terms and Conditions

Termination or cessation of registration

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 24

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 24-25

Companion Policy 33-109CP Registration Information, section 3.5, section 4.1

Trading with or advising non-Ontario investors

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 25-26, pages 55-56

See Registration - Firms ► Trading with or advising non-Ontario investors

Client participation in the registrant-client relationship

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

Disclosure of conflicts of interest

See Conflicts of interest, subtopics starting with Related or connected issuers

Disclosure of operating and transaction charges paid by clients and other compensation paid to firm (guidance on disclosure requirements at beginning of and during client relationship)

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

CSA Staff Notice 31-334 CSA Review of Relationship Disclosure Practices, pages 7122

General guidance

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 64

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

OSC Staff Notice 33-746 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 58 - 60

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

CSA Staff Notice 31-334 CSA Review of Relationship Disclosure Practices

Name of registrant used in registerable activities

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

Order execution trading

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

Permitted clients and relationship disclosure

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, pages 5-6

Pre-trade disclosure of charges

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, pages 6-7

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2.1

Risk disclosure information re risks to consider when making investment decisions

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 44

CSA Staff Notice 31-334 CSA Review of Relationship Disclosure Practices, pages 7124 - 7125

Risks of using borrowed money to invest

CSA Staff Notice 31-334 CSA Review of Relationship Disclosure Practices, page 7125

Scholarship plan dealers

See Scholarship plan dealers (SPDs) and scholarship plans and other education savings plan products ➜ Relationship Disclosure Information (RDI)

Suitability obligation, disclosure of

CSA Staff Notice 31-334 CSA Review of Relationship Disclosure Practices, page 7129

OSC Staff Notice 33-740 Report on the Results of the 2012 Targeted Review of Portfolio Managers and Exempt Market Dealers to Assess Compliance with the Know-Your-Client, Know-Your-Product and Suitability Obligations, pages 5651-5652

Account statements

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 45-46

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 64-65

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36-37

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Pages 8-9

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.14

Compliance and Registrant Regulation Branch e-mail blast March 7, 2014, Planning tips for implementing the "CRM2" amendments to NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, pages 1-2
 

Additional statements

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 64-65

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36-37

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Pages 8-9

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.14.1

Compliance and Registrant Regulation Branch e-mail blast March 7, 2014, Planning tips for implementing the "CRM2" amendments to NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, pages 1-2

Determining Market value

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Pages 7-8

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.11.1, section 14.19

Exempt market dealer requirements under CRM2

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Appendix F

General guidance

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 38-39

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, CP Part 14, Division 5

See also Client Relationship Model (CRM2) ➜ CRM2 rule implementation

Investment fund managers - security holder statement requirements for clients of investment fund managers

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.15
 

Investment performance report - general guidance

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 64-65

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 13-14

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, sections 14.18, section 14.20

Investment performance report - use of benchmarks

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2, section 14.19

Outsourcing client reporting or securities valuation

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, Part 14 Division 5

See also Compliance system of registered firm, ➜ Oversight of third party service providers (outsourcing) - all registrants and Oversight of third party service providers (outsourcing) - investment fund managers

Portfolio managers - account statement delivery obligations and use of consolidated account statements

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 58

OSC Staff Notice 33-745 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 14 - 15

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 53-54

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 64-65

Position cost information for client securities

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 9-10

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.14.2

Compliance and Registrant Regulation Branch e-mail blast March 7, 2014, Planning tips for implementing the "CRM2" amendments to ``Registration Requirements, Exemptions and Ongoing Registrant Obligations, page 2

Report on charges and other compensation - disclosure of trailing commissions and other mutual fund related charges

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 12

Report on charges and other compensation - general guidance

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 64-65

CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 11-13

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.17, section 14.20, Appendix D

Compliance and Registrant Regulation Branch e-mail blast March 7, 2014, Planning tips for implementing the "CRM2" amendments to NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, page 2

Scholarship plan dealers

See Scholarship plan dealers (SPDs) and scholarship plans and other education savings plan products ➜ Client reporting requirements

Security holder statements for orphaned accounts (accounts without a dealer of record)

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 11

Trade confirmations

OSC Staff Notice 33-751 Summary Report for Dealers, Advisers and Investment Fund Managers, page 46

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36-37

CSA Staff Notice 31-345 Cost Disclosure, Performance Reporting and Client Statements – Frequently Asked Questions and Additional Guidance, Page 8

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.12

Client reporting requirements (CRM2)

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.16, section 14.19

General guidance

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 44-46

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 59-60

Inadequate branch audits and supervision of dealing representatives

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 42-43

Marketing materials

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

Prospectus form

OSC Staff Notice 33-742 2013 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, page 61

Relationship Disclosure Information (RDI)

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 14.2

OSC Staff Notice 33-738 2012 OSC Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 60-61

Up-front commission structure

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

Undertaking re investment in equity securities and terms & conditions re principal protected note investment, plan eligibility rules and OBSI complaint resolution

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch

Know-your-client (KYC), know-your-product (KYP) and suitability requirements

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36 - 37, pages 48 - 51

OSC Staff Notice 33-748 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 38 - 39, pages 57 - 58

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 41 - 42

CSA Staff Notice 31-354 Suggested Practices for Engaging with Older or Vulnerable Clients

OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 36 - 37, pages 48 - 51

OSC Staff Notice 33-747 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, pages 41 - 42

Regulatory Framework and Resources to Enhance Protection of Older and Vulnerable Clients

White Label Materials - User Guide
1. Working respectfully with older and vulnerable clients
2. Identifying and responding to signs of financial exploitation
3. Identifying and responding to signs of diminished mental capacity
4. Trusted contact person (TCP)
4a. Form - You're my trusted contact person
5. Placing a temporary hold in instances of financial exploitation or diminished mental capacity
6. Additional resources

Exemptive relief for secondary offerings

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

Exemptive relief from s.119 of Securities Act (Ontario) (front-running prohibition) and s.13.5(2) of NI 31-103 (self-dealing prohibition)

The Investment Funds Practitioner, publication of the Investment Funds and Structured Products Branch,

Inadequate compliance systems and UDPs/CCOs not meeting their responsibilities

See Compliance system of registered firm ➜ Inadequate compliance systems and effective compliance systems - all registrants and Inadequate compliance systems and effective compliance systems - exempt market dealers; for general guidance on UDPs see Compliance system of registered firm, subtopic Ultimate Designated Person (UDP)

Conflicts of interest, including disclosure of

See Conflicts of interest ➜ Related parties, selling securities of

Permitted underwriting activities for EMDs

See Exempt market dealers (EMDs) ➜ Permitted activities for EMDs

Prospectus exemptions

See Prospectus Exemptions ➜ Underwriters - availability of prospectus exemptions generally

Permitted underwriting activities for investment dealers

Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations, section 7.1

Registration requirements

See Registration - Firms ➜ Venture capital and private equity