PART A.3 - NON-SECURITIES BUSINESS AND SHARED PREMISES

2215. Business other than securities 

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    1. A Dealer Member must obtain approval from the applicable District Council before carrying on any business other than Dealer Member related activities.

    2. A Dealer Member or a Dealer Member’s holding company may, without approval, own an interest in a corporation (other than the Dealer Member) that carries on non‑securities business if:

      1. the Dealer Member is not responsible for any of that corporation’s liabilities, and

      2. the Dealer Member and its holding company give IIROC notice before acquiring an interest in the nonsecurities corporation.

    3. A District Council may delegate its authority under this section to a subcommittee of the District Council or to IIROC staff.

    There is no history log for this rule.

    There is no history log for this rule.