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ARTICLE · 08 MAY 2021

Preparing For The New CFR Titles And Misleading Communication Requirements

Borden Ladner Gervais LLP
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The Canadian Securities Administrators (CSA) likely did not have Juliet's famous words in mind when they enacted section 13.18 of National Instrument 31-103 Registration Requirements...

CanadaFinance and Banking
Matthew Williams
Matthew Williams
Rebecca Cowdery
Rebecca Cowdery
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This is the second installment in BLG's CFR Communication Series—Surging through 2021 to 2022. This article explains how best to prepare for the CSA's new rules on titles and misleading communications, which come into force on December 31, 2021.

O; be some other name!
What's in a name? that which we call a rose
By any other name would smell as sweet
William Shakespeare - Romeo and Juliet – Act II, Scene II

The Canadian Securities Administrators (CSA) likely did not have Juliet's famous words in mind when they enacted section 13.18 of National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and more recently explained what they intended with this section. The CSA expect registrants to take steps to ensure clients understand the nature of their relationship with the registered firm and its representatives. Titles for registered individuals are important and matter – not only within the firm, but also to

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