BC-2.8.1

Brokers shall be responsible for ensuring that:

(a) Their principals understand fully the limitations of the brokers' responsibilities for business and market conducted;
(b) All their principals understand that they are required to conform, where appropriate, to the Code of Conduct;
(c) Their staff carrying out transactions on behalf of principals are adequately trained both in the practices of the market-place and in the firm's responsibilities to principals; and
(d) The CBB is notified of any changes in broking staff, in accordance with CBB requirements.
Amended January 2011
October 2007