D-9.2 - Act respecting the distribution of financial products and services

Section 115.2 Disposition versions

2024-05-09

115.2. If a firm fails to comply with section 74, 81, 82, 83, 103.1 or 103.7 or to file documents as required under this Act or the regulations, the Authority may suspend the firm’s registration or subject it to restrictions or conditions. The Authority may, instead or in addition to those penalties, impose on the firm a monetary administrative penalty not exceeding $5,000 for each contravention. The Authority may cancel the registration of a firm that fails to comply with section 74 or 82 or, for the second or subsequent time, fails to comply with section 81, 83, 103.1 or 103.7.

Not in force

For the purposes of the first paragraph, the Authority may determine, by regulation, the amounts that may be imposed as a penalty for failure to file documents as required under this Act or the regulations, as well as the conditions subject to which a penalty may be imposed.

2011, c. 26, s. 20; 2018, c. 23, s. 809; 2021, c. 34, s. 65; 2024, c. 15, s. 120.

2021-12-08

115.2. If a firm fails to comply with section 81, 82, 83, 103.1 or 103.7 or to file documents as required under this Act or the regulations, the Authority may suspend the firm’s registration, subject it to restrictions or conditions or impose a monetary administrative penalty not exceeding $5,000 for each contravention. The Authority may cancel the registration of a firm that fails to comply with section 82 or, for the second or subsequent time, fails to comply with section 81, 83, 103.1 or 103.7.

Not in force

For the purposes of the first paragraph, the Authority may determine, by regulation, the amounts that may be imposed as a penalty for failure to file documents as required under this Act or the regulations, as well as the conditions subject to which a penalty may be imposed.

2011, c. 26, s. 20; 2018, c. 23, s. 809; 2021, c. 34, s. 65.

2018-07-13

115.2. If a firm fails to comply with section 81, 82, 83 or 103.1 or to file documents as required under this Act or the regulations, the Authority may suspend the firm’s registration, subject it to restrictions or conditions or impose a monetary administrative penalty not exceeding $5,000 for each contravention. The Authority may cancel the registration of a firm that fails to comply with section 82 or, for the second or subsequent time, fails to comply with section 81, 83 or 103.1.

Not in force

For the purposes of the first paragraph, the Authority may determine, by regulation, the amounts that may be imposed as a penalty for failure to file documents as required under this Act or the regulations, as well as the conditions subject to which a penalty may be imposed.

2011, c. 26, s. 20; 2018, c. 23, s. 809.

2011-11-30

115.2. If a firm fails to comply with section 81, 82, 83 or 103.1 or to file documents as required under this Act or the regulations, the Authority may suspend the firm’s registration, subject it to restrictions or conditions or impose an administrative monetary penalty not exceeding $5,000 for each contravention. The Authority may cancel the registration of a firm that fails to comply with section 82 or, for the second or subsequent time, fails to comply with section 81, 83 or 103.1.

Not in force

For the purposes of the first paragraph, the Authority may determine, by regulation, the amounts that may be imposed as a penalty for failure to file documents as required under this Act or the regulations, as well as the conditions subject to which a penalty may be imposed.

2011, c. 26, s. 20.