Table of MFDA Rule Amendments

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Section

Title

Amendment

Date

Bulletin No.

1.1.1

Business Structures

(a)(i) amended; (a)(ii) added

7-Jan-04

0050-M

1.1.3

Service Arrangements

(a) amended

5-Dec-03

0050-M

1.1.6

Introducing and Carrying Arrangement

(a)(iv) amended; (b)(viii)(ix) amended; (x) added; (x)(xi) renumbered

5-Dec-03

0050-M

(b)(viii) amended; (ix) amended; (x) amended; (xi) amended; (xii) renumbered to xiii; (xii) added

3-Dec-10

0458-P

(b)(viii) end of transition period

28-Sep-11

0492-P

1.1.7

Business Names, Styles, Etc.

(d) amended

5-Dec-03

0050-M

amended

22-Nov-04

0114-P

amended

26-Nov-08

0344-P

1.2.1

Course Requirements

(a) removed

3-Dec-10

0458-P

Salespersons

(b) renumbered; (c) renumbered; (d) renumbered; (e) renumbered;

3-Dec-10

0458-P

(a) renamed, renumbered; (b) renumbered; (c) removed; (d) renumbered

17-Mar-16

0683-P

Compliance with MFDA Requirements

renamed

17-Mar-16

0683-P

1.2.2

Branch Managers – Proficiency Requirements

(a) amended

5-Dec-03

0050-M

Branch Managers

removed

3-Dec-10

0458-P

Reporting Requirements

added

3-Dec-10

0458-P

renumbered to 1.4

17-Mar-16

0683-P

Registration

added

17-Mar-16

0683-P

1.2.3

Trading Partners, Directors, Officers and Compliance Officers

removed

3-Dec-10

0458-P

Education, Training and Experience

added

17-Mar-16

0683-P

1.2.4

Currency of Courses

(a) amended, renumbered; (a)(i) added; (a)(ii) added; (b) amended, renumbered

8-Jan-07

0246-P

Currency of Courses

removed

3-Dec-10

0458-P

Training and Supervision

added

17-Mar-16

0683-P

1.2.5

Notification of Changes in Registration Information

Amended

20-Jun-07

0265-P

Reporting Requirements

renamed, amended

3-Jul-07

0266-P

renumbered to 1.2.2

3-Dec-10

0458-P

Misleading Business Titles Prohibited

added

17-Mar-16

0683-P

1.2.6

Notification of Termination of Approved Persons

added

9-Feb-04

0058-M

amended

20-Jun-07

0265-P

removed

3-Jul-07

0266-P

1.3

Outside Activity

added

17-Mar-16

0683-P

1.3.1

Definition

added

17-Mar-16

0683-P

1.3.2

Requirements for Outside Activity

added

17-Mar-16

0683-P

1.4

Reporting Requirements

renumbered from 1.2.2

17-Mar-16

0683-P

2.1.4

Conflicts of Interest

(a) amended; (b) amended, renumbered; (c) amended, renumbered; (d) renumbered

27-Feb-06

0186-P

2.2.1

“Know-Your-Client”

(c) amended; (d) added

5-Dec-03

0050-M

preamble amended

13-Dec-05

0178-P

(b) amended; (c) amended; (d)amended; (e) added; (f) added

3-Dec-10

0459-P

end of transition period

3-Dec-11

0505-P

(c) amended; (d) amended; (e) amended; (f) added

22-Feb-13

0560-P

2.2.2

New Accounts

title amended; (a) added; (b) amended

3-Dec-10

0458-P

2.2.3

New Account Approval

amended

5-Dec-03

0050-M

amended

3-Dec-10

0458-P

2.2.4

Updating Know Your Client Information

title amended; (a) added; (b) renumbered, amended; (c) added; (d) added; (e) renumbered, amended

3-Dec-10

0458-P

Updating Client Information

end of transition period

3-Dec-11

0505-P

2.2.5

Relationship Disclosure

added

3-Dec-10

0458-P

end of transition period

28-Sep-11

0492-P

end of transition period

3-Dec-13

0492-P

(f) amended, (g) amended, (h) added

15-Jul-14

0606-P

(h) renumbered to (i); (h) added

19-Dec-14

0623-P

2.3

Power of Attorney/LTA

Renamed to Control or Authority

19-Jan-17

0712-P

2.3.1

Power of Attorney/LTA

(b) added

5-Dec-03

0050-M

(a) amended; (b) amended

11-Dec-08

0346-P

2.3.1

Control or Authority

(a) amended; (b) amended; (c) amended

19-Jan-17

0712-P

2.3.4

No Discretionary Trading

removed

11-Dec-08

0346-P

2.4.1

Remuneration, Commissions and Fees

(a) amended; (b) added; (c) added

29-Mar-10

0429-P

2.4.2

Referral Arrangements

amended

08-Apr-15

0637-P

2.4.3

Service Fees or Charges

renamed to Operating Charges; (a) amended;

19-Dec-14

0623-P

2.4.4

Transaction Fees or Charges

added

22-Feb-11

0466-P

amended, (a) added, (b) added, (c) added

30-May-14

0606-P

amended; (a) amended; (b) amended; (c) amended

19-Dec-14

0623-P

2.5.2

Chief Compliance Officer

title amended; renumbered to 2.5.3; (a) amended; (b) amended; (c) amended

3-Dec-10

0458-P

2.5.2

Ultimate Designated Person

added

3-Dec-10

0458-P

2.5.2

Compliance Officer

renumbered to 2.5.3; amended

3-Dec-10

0458-P

2.5.3

Branch Manager

renumbered to 2.5.5; (a) amended; (b) added; (c) added; (d) amended; (e) amended

3-Dec-10

0458-P

2.5.4

Maintenance of Supervisory Review Documentation

renumbered to 2.5.7

3-Dec-10

0458-P

2.5.4

Access to Board

added

3-Dec-10

0458-P

2.5.5

No Delegation

renumbered to 2.5.8

3-Dec-10

0458-P

Branch Manager

(a) amended; (b) renumbered to (d); (b) added; (c) added; (d) amended; (e) amended; (f) amended; (g) amended

12-Sep-13

0576-P

2.5.6

Currency of Examination

added

3-Dec-10

0458-P

2.8.3

Rates of Return

(b) added

5-Dec-03

0050-M

(a) amended; (b) added; (c) renumbered, amended

3-Dec-10

0458-P

(a) amended; (c) removed

15-Jul-16

0623-P

2.11

Complaints

amended

3-Dec-10

0458-P

2.12

Transfers of Account

2.12.1(a); 2.12.2 amended

5-Dec-03

0050-M

2.13

Disclosure of MFDA Membership

added

12-Apr-18

0747-P

3.1.1

Minimum Levels

(a) renumbered, amended; (b) added

21-Jan-11

0462-P

3.2.1

Client Lending and Margin

amended

5-Dec-03

0050-M

3.2.2

Member Capital

(a) amended; (b) added

1-Dec-06

0240-P

3.2.5

Notice Regarding Accelerated Payment of Long Term Debt

added

1-Dec-06

0240-P

3.3.2

Segregation of Client Property – Cash

(e), (f), (g), (h) removed; (e) added

30-Apr-12

0524-P

3.4.2

Early Warning

(b)(vi) amended

5-Dec-03

0050-M

(b)(ii)(C) amended

11-Dec-08

0346-P

3.4.3

Restrictions

amended

11-Dec-08

0346-P

3.4.4

Early Warning – Duration

amended

20-Aug-04

0093-P

3.5.1

Filing Requirements

amended

13-Sep-04

0097-P

3.5.2

Consolidated Financial Statements

amended

11-Dec-08

0346-P

3.5.3

Related Members

removed

11-Dec-08

0346-P

3.5.4

Members’ Auditors

renumbered to 3.5.3; (b) amended

11-Dec-08

0346-P

3.5.5.

Assessments

renumbered to 3.5.4

11-Dec-08

0346-P

3.6.1

Audit Requirements

amended

11-Dec-08

0346-P

3.6.2

Scope

(a) amended; (b) amended

11-Dec-08

0346-P

3.6.3

Insurance and Subsequent Events

renamed to Additional Reporting

11-Dec-08

0346-P

3.6.4

Systems Review

amended

11-Dec-08

0346-P

3.6.5

Retention

amended

11-Dec-08

0346-P

3.6.7

Reliance

amended

11-Dec-08

0346-P

4.1

Mail Insurance

amended

5-Dec-03

0050-M

4.2

Notice of Termination

amended

11-Dec-08

0346-P

4.3

Termination or Cancellation

amended

11-Dec-08

0346-P

4.7

Global Financial Institution Bonds

(b) amended

11-Dec-08

0346-P

5.1

Requirement for Records

(b)(iv) added

22-Feb-11

0466-P

5.3

Client Reporting

(1) definitions added

15-Jul-15

0623-P

Extension of transition period

31-Dec-15

0640-P

(1) amended; (j) added; (k-m) renumbered

29-Jun-15

0649-P

End of transition period

31-Dec-15

0649-P

5.3 (1)

Definitions

5.3(1)(c) amended; 5.3(1)(c)(i) amended; 5.3(1)(c)(ii) amended; 5.3(1)(c)(iii) amended. 5.3(1)(j) deleted; (k) to (m) renumbered

4-Jan-18

0738-P

5.3.1

 

 

Delivery of Account Statement

 

(a)(b)(c) renumbered as (a)(i)(ii)(iii); (c)(d) added

13-Jan-04

0050-M

(a) amended; (c)(vii) amended

3-Dec-10

0458-P

(a) amended

2-Mar-12

0521-P

amended; (a) to (d) removed

19-Dec-14

0623-P

5.3.2

Automatic Payment Plans

deleted

2-Mar-12

0521-P

Content of Account Statement

amended

15-Jul-15

0623-P

Extension of transition period

31-Dec-15

0640-P

End of transition period

31-Dec-15

0649-P

(c)(ii)(C) amended; (c)(ii)(H) amended

4-Jan-18

0738-P

5.3.3

Content of Account Statement

(c)(iii) removed; (c)(iv) renumbered; (c)(v) renumbered; (c)(vi) renumbered

3-Dec-10

0458-P

renumbered to 5.3.2

2-Mar-12

0521-P

Member Business Only

renamed to Report on Charges and Other Compensation; (1) added; (2) added; (3) added; (4) added; (5) added

15-Jul-16

0623-P

5.3.4

Member Business Only

renumbered to 5.3.3

2-Mar-12

0521-P

Performance Report

added

15-Jul-16

0623-P

5.3.5

Account Performance Reporting

added

3-Dec-10

0458-P

proposed Suspension

20-Oct-11

0495-P

suspended

2-Dec-11

0508-P

Delivery of Report on Charges and Other Compensation and Performance Report

added

15-Jul-16

0623-P

5.3.6

Exempt Market Dealers and Scholarship Plan Dealers – Client Reporting

added

19-Dec-14

0623-P

5.4.2

Automatic Payment Plans

amended

30-May-14

0606-P

5.4.3

Content

(a) to (m) amended; (n) added

15-Jul-16

0623-P

5.6

Record Retention

amended

3-Dec-10

0458-P