D-9.2, r. 7 - Regulation respecting the issuance and renewal of representatives’ certificates

Section 45 Disposition versions

2020-05-01

45. To act as a supervisor, the representative satisfies the following conditions:

(1)  in the 5 years preceding the candidate’s application, has not been the subject of a disciplinary sanction imposed under the Act respecting the distribution of financial products and services (chapter D-9.2);

(2)  in the 5 years preceding the candidate’s application, he has never been struck off the roll by a disciplinary council of a professional order;

(3)  he does not hold a certificate carrying restrictions or conditions under section 218, 219 or 220 of the Act respecting the distribution of financial products and services affecting his ability to act as a supervisor.

Where a supervisor no longer satisfies a condition mentioned in the preceding subparagraphs during the probationary period, he ceases immediately to act as a supervisor.

The application to act as a supervisor is submitted to the Authority by the representative or by the firm or independent partnership on whose behalf he acts.

M.O. 2010-04, s. 45; M.O. 2013-02, s. 23; M.O. 2015-14, s. 19; M.O. 2020-03, s. 8.

2016-01-01

45. To act as a supervisor, the representative satisfies the following conditions:

(1)  in the 5 years preceding the candidate’s application, has not been the subject of a disciplinary sanction imposed by a discipline committee established under the Act respecting the distribution of financial products and services (chapter D-9.2), or the Court of Québec sitting in appeal of a decision issued by such a committee;

(2)  in the 5 years preceding the candidate’s application, he has never been struck off the roll by a disciplinary council of a professional order;

(3)  he does not hold a certificate carrying restrictions or conditions under section 218, 219 or 220 of the Act respecting the distribution of financial products and services affecting his ability to act as a supervisor.

Where a supervisor no longer satisfies a condition mentioned in the preceding subparagraphs during the probationary period, he ceases immediately to act as a supervisor.

The application to act as a supervisor is submitted to the Authority by the representative or by the firm or independent partnership on whose behalf he acts.

M.O. 2010-04, s. 45; M.O. 2013-02, s. 23; M.O. 2015-14, s. 19.

2013-04-01

45. To act as a supervisor, the representative submits his application and satisfies the following conditions:

(1)  in the 5 years preceding the candidate’s application, has not been the subject of a disciplinary sanction imposed by a discipline committee established under the Act respecting the distribution of financial products and services (chapter D-9.2), or the Court of Québec sitting in appeal of a decision issued by such a committee;

(2)  in the 5 years preceding the candidate’s application, he has never been struck off the roll by a disciplinary council of a professional order;

(3)  he does not hold a certificate carrying restrictions or conditions under section 218, 219 or 220 of the Act respecting the distribution of financial products and services affecting his ability to act as a supervisor.

Where a supervisor no longer satisfies a condition mentioned in the preceding subparagraphs during the probationary period, he ceases immediately to act as a supervisor.

M.O. 2010-04, s. 45; M.O. 2013-02, s. 23.

2012-09-01

45. To act as a supervisor, the representative completes the prescribed form and satisfies the following conditions:

(1)  in the 5 years preceding the candidate’s application, has not been the subject of a disciplinary sanction imposed by a discipline committee established under the Act respecting the distribution of financial products and services (chapter D-9.2), or the Court of Québec sitting in appeal of a decision issued by such a committee;

(2)  in the 5 years preceding the candidate’s application, he has never been struck off the roll by a disciplinary council of a professional order;

(3)  he does not hold a certificate carrying restrictions or conditions under section 218, 219 or 220 of the Act respecting the distribution of financial products and services affecting his ability to act as a supervisor.

Where a supervisor no longer satisfies a condition mentioned in the preceding subparagraphs during the probationary period, he ceases immediately to act as a supervisor.

M.O. 2010-04, s. 45.