Dolphin Enterprises, Jakab Law and Veronica Law Corporation are pleased to offer an important information session for new Compliance Regulations for B.C. MICs
The BC Securities Commission announced August 15th that new regulations and requirements for MIEs including MICs in the business of trading and selling securities. As of February 15th 2019, MICs in the business of trading securities need to register as exempt market dealers, which imposes new registration requirements as well as ongoing compliance requirements.
As these new regulations are complex, Dolphin is offering a complimentary information session presented by Jakab Law &Compliance and Veronica Armstrong Law Corporation. Both firms will present the factors for determining whether a MIC must registers, steps to become registered with the Commission and insight into compliance policies and processes to meet the BC Commission’s ongoing requirements.
Some of the items for presentation will be:
- The legal context since 2009 regarding dealer registration exemptions
- What defines an investment to be a tradeable security
- What are the requirements to registered as a dealer and related filings and documents
- Upcoming policy changes with registration requirements for “in the business of trading securities”
- What is needed to maintain requirements for the BCSC
- How to start with the registration process
The information session will follow with a Q&A segment where you can ask any questions regarding this changing requirement for MIE and MICs.
A recording of the presentation can be viewed here.