3301. Product Due Diligence

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    1. A Dealer Member must not make securities available to clients unless the Dealer Member has taken reasonable steps to:
      1. assess the relevant aspects of the securities, including the securities’ structure, features, risks, initial and ongoing costs and the impact of those costs,
      2. approve the securities to be made available to clients, and
      3. monitor the securities for significant changes.
    2. An Approved Person must not purchase securities for, or recommend securities to, a client unless the securities have been approved by the Dealer Member to be made available to clients under subsection 3301(1).

    There is no history log for this rule.

    There is no history log for this rule.