This content is restricted.
Brief
The Securities Dealing Restrictions (Banks) Regulations aim to restrict banks from dealing in Canada's securities market. The regulations came into effect on June 1, 1992.
Restrictions apply to a bank's dealings in securities, including primary distribution and secondary market trading of shares or ownership interests, warrants, debt obligations, and mutual funds.
However, certain exceptions are made for banks dealing in securities for their own account or providing investment counselling and portfolio management services. Additionally, some government-backed securities, corporate-sponsored pension plans, and private placements are also exempt from the restrictions.
Highlights content goes here...
This content is restricted.
RADA.AI
Hello! I'm RADA.AI - Regulatory Analysis and Decision Assistance. Your Intelligent guide for compliance and decision-making. How can i assist you today?
Suggested
