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  • Records

    • BC-8.10.10

      Conventional bank licensees must immediately record the essential elements of all orders that are received.

      Added: April 2008

    • BC-8.10.11

      For the purposes of Rule BC-8.10.10, essential elements of orders received include the particulars of the customer and order, time, price of execution, and number of instruments.

      Added: April 2008

    • BC-8.10.12

      Conventional bank licensees must record the essential elements of all:

      (a) Orders executed;
      (b) Transactions executed for their own account;
      (c) Non-market price transactions entered into by the conventional bank licensee; and
      (d) Orders that have been aggregated with their basis of allocation.

      Added: April 2008

    • BC-8.10.13

      For purposes of Rule BC-8.10.12, conventional bank licensees should include, at the very least, the information provided in Paragraph BC-8.13.9.

      Added: April 2008

    • BC-8.10.14

      Conventional bank licensees must make a copy of any confirmation of a transaction or periodic statement provided to a customer, and retain it for at least five years from the date on which it was provided.

      Added: April 2008