Regulatory Alerts2007-04-13 | CD-SIBOIF-474-1-ABR13-2007Added · Updated
Norm on Minimum Guarantee Amounts for Stock Exchange Positions and Stock Exchange Agents
Resolution No. CD-SIBOIF-474-1-ABR13-2007 establishes minimum guarantee amounts of C$500,000.00 for stock exchange positions and C$250,000.00 for stock exchange agents. The Superintendent is authorized to adjust these amounts based on activity volume and assumed risks. Existing operators must comply within 45 days of the norm's entry into force, and the previous 2004 resolution regarding guarantee updates is repealed.
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