CSA expresses concern about brokerage activity and EMDs

The CSA has published a Staff Notice 31-327 discussing their concerns about the use of the EMD category for brokerage activites, in particular registration applications from US FINRA member broker delaers. The notice raises fundamental questions about the accpetable business models within the EMD category and suggests the CSA may explicitly restrict certain activity from EMDs.

To access the CSA Notice CLICK HERE