BC adopts registration exemption for foreign portfolio managers
On March 22, the British Columbia Securities Commission published BC Instrument 32-514, which exempts foreign portfolio managers registered on the date National Instrument 31-103 Registration Requirements and Exemptions (NI 31-103) came into force (September 28, 2009) and which continue to be registered from certain requirements under NI 31-103, provided certain conditions are met. The exemption, which took effect on March 27, expires on September 28, 2010.
