Entire section Custom print Link Text Only Rich Text Print
  Versions

 

CL-3.2.1

An investment firm licensee may only permit a client's collateral to be held by a third party where:

(a) It has reasonable grounds to believe that the third party is suitable to hold that collateral; and
(b) The investment firm licensee is able to demonstrate to the CBB's satisfaction the grounds upon which it considers the third party to be suitable to hold clients' collateral.
Amended: January 2007