A Dealer Member must review account activity as required by IIROC requirements and must use due diligence to provide reasonable assurance that account activity complies with IIROC requirements, securities laws and other applicable laws and the Dealer Member’s policies and procedures.
A Dealer Member must record and keep evidence of completed supervisory reviews, including details of inquiries about issues and their resolution, for the period required in section 3803.
A Dealer Member must establish and follow procedures for the implementation of additional supervisory measures applicable to Approved Persons with a history of regulatory infractions or questionable conduct.
3928. – 3944. Reserved.