BCSC excludes former registrants from EMD registration relief

March 16, 2012

The British Columbia Securities Commission (BCSC) today published revisions to BC Instrument 32-513, which provides certain limited trade-based registration exemptions to persons that would otherwise be required to register as exempt market dealers in BC. Specifically, the amendments, effective April 16, 2012, would exclude former registrants and persons who have provided financial services to the purchaser from relying on the exemptions.

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