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ARTICLE · 05 SEPTEMBER 2024

Reminder: New Derivatives Business Conduct Rule

Borden Ladner Gervais LLP
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The new Multilateral Instrument 93-101 Derivatives: Business Conduct (MI 93-101) and its related companion policy come into force shortly on September 28, 2024.

CanadaFinance and Banking
AUM Law
AUM Law
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The new Multilateral Instrument 93-101 Derivatives: Business Conduct (MI 93-101) and its related companion policy come into force shortly on September 28, 2024. MI 93-101 will have a direct impact on firms that advise or deal in over-the-counter derivatives (OTC derivatives), as described in our prior article. Subject to ministerial approval in British Columbia, MI 93-101 will become a national instrument.

In our prior article, we addressed questions such as:

  • Does the rule apply to you if you are a registered securities adviser or dealer?
  • Does the rule apply to you if you are a foreign adviser or sub-adviser?
  • When you are advising a client, can the client waive some investor protections?

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