4855. Receiving Dealer Member — responsibilities for documents

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    1. If a receiving Dealer Member receives a request from a client to accept an account, it must obtain written authorization from the client to transfer the account.

    2. After the client gives written authorization to the receiving Dealer Member, the receiving Dealer Member must:

      1. promptly send a request for transfer (using an account transfer authorization form approved by IIROC) through CDS to the delivering Dealer Member, and

      2. keep the original written account transfer authorization form on file.

    3. The receiving Dealer Member must ensure that the forms or documents required to transfer accounts are completed and available on the same day as the request for transfer is delivered.

    There is no history log for this rule.

    There is no history log for this rule.