Dealers, Advisers and Investment Fund Managers
Surrendering Registration
Firms and individuals may apply to the OSC to voluntarily surrender their registration. We will accept the surrender and terminate the registration if all financial obligations to clients have been met and it is not contrary to the public interest.
The registration of a firm or individual which has been suspended will be revoked if the firm or individual does not reinstate their registration within two years of the date of suspension.
Firms
Firms must submit a request in writing to surrender their registration in a category or jurisdiction, or to fully surrender their registration.
We may accept the surrender if:
- the firm has discharged all financial obligations to its clients under the category of registration in the jurisdiction
- the firm has met all requirements for the surrender of registration, and
- the surrender would not be contrary to the public interest.
Individuals
To surrender their registration in all jurisdictions, individuals must complete Form 33-109F1 Notice of Termination of Registered Individuals and Permitted Individuals. The sponsoring firm must submit the form through the National Registration Database (NRD).
To surrender registration under the Commodity Futures Act (Ontario), individuals must complete Form 33-506F1 Notice of Termination of Registered Individuals and Permitted Individuals. The sponsoring firm must submit the form through NRD.
For more information:
- National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations
- Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations