On July 11, 2017, the Ontario Securities Commission released Staff Notice 33-748 Annual Summary
Report for Dealers, Advisers and Investment Fund
Managers (the Report). Prepared by the Compliance
and Registrant Regulation (CRR) Branch, the six-part Report
addresses current trends in registration and deficiencies
identified through compliance reviews of registrants, the CRR
Registrant Outreach program and various policy initiatives –
areas that the CRR Branch continues to focus on for the 2017-2018
fiscal year. Like previous reports, the Report summarizes
regulatory actions taken, highlights cases of interest and provides
additional resources for registrants.
Specific issues discussed in the Report include several that
will be familiar from our earlier discussion of the Alberta
Securities Commission's (ASC)
Exempt Market Dealer Sweep, including Know
Your Client (KYC), Know Your Product (KYP) and suitability, as well
as an emphasis on registrants' obligations to
