The Canadian Securities Administrators (CSA), the country's national capital markets standard-setter, has proposed amendments to the national registration framework for dealers, advisors, and investment fund managers. The proposed amendments contain several key changes that the regulator hopes will: Enhance and clarify certain proficiency requirements for registrants. This includes a guidance on what is considered to be relevant investment management experience, as well as the addition of an experience component to the proficiency requirements for chief compliance officers (CCOs); Limit the activities that may be conducted under the exempt market dealer (EMD) category; Provide an exemption from the dealer registration requirement for trades in short-term debt Provide guidance concerning the requirement to register for start-up entities, Codify new exemptions for sub-advisers, as well as amend certain existing exemptions and add interpretative guidance; Streamline the CSA review
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