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MIR-2.7.4

For the purposes of paragraph MIR-2.7.1 (c), a member shall be deemed to have ceased to undertake its regulated activities if:

(a) It has ceased to undertake its regulated activities for more than 30 days, unless it has obtained the prior approval of the CBB, or SRO to do so; or
(b) It has ceased to undertake the regulated activities under a direction issued by the CBB, or SRO.
Adopted January 2010