Notice 2007-001 - Repeal of Rule 10 - Sales Practices
January 5, 2007
On December 22, 2006 the Ontario Securities Commission approved CNQ's proposed repeal of Rule 10 - Sales Practices. The repeal is effective immediately.
On August 21, 2006 the Investment Dealers Association published Member Regulation Notice MR0418 - Improper Sales Practices. The IDA Notice was issued as a reminder to IDA Members that such practices, in any market, are contrary to IDA By-law 29.1 in general, and to other specific provisions of the By-laws and Regulations, specifically suitability provisions.
The proposed repeal was published for comment on August 28, 2006 in CNQ Notice 2006-004. No formal comments were received.
Please direct any questions to:
Mark Faulkner, Director, Listings & Regulation at 416.572.2000 x2305, or email@example.com