The OSC has published decisions relating to certain relief from the CRM2 requirements that were to come into effect during 2015 and 2016. The relief is consistent with that set out in CSA Staff Notice 31-341 – Omnibus/Blanket Orders Exempting Registrants from Certain CRM2 Provisions of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations.
The OSC also issued an e-mail blast to registrants advising them that the CSA plans to amend NI 31-103 in order that the relief be permanent.
The following links provide details of the relief in Ontario:
Non-SRO Firms Registered as of July 15, 2015
https://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20150521_214_sentry.htm
IIROC Member Firms Registered as of July 15, 2015
http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20150521_216_desjardins.htm
MFDA Member Firms Registered as of July 15, 2015
https://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20150521_215_td-mfda.htm
Please contact Garth Foster or Donna Leitch if you have any questions.