FAQs for the General Public: Business Related Questions

Why do we need the National Registration Database (NRD)?

How do I register my firm with the applicable securities commissions and apply for membership in the Investment Industry Regulatory Organization?

What will NRD do for firms?

How do I enrol my firm to use NRD?

 

Can members of the public use NRD to find out information about their dealers or advisors?

 

 

 

 

Why do we need the National Registration Database (NRD)?

NRD will provide the securities industry with an efficient, streamlined process for registration. Eliminating outdated paper-based processes, NRD will deliver important benefits for firms, including:

 

 

 

What will NRD do for firms?

By replacing time-consuming and costly paper processes, NRD will:

 

 

 

Can members of the public use NRD to find out information about their dealers or advisors?

Public access to dealer or adviser information will not be available in the first release of NRD.

 

Members of the public will continue to have access to information about their dealers or advisers through their provincial or territorial securities commission. Many of the commissions provide basic registration information about registrants on their websites, including name, registration category and terms and conditions. Other commissions provide this information over the telephone.

 

 

How do I register my firm with the applicable securities commissions and apply for membership in the Investment Industry Regulatory Organization (IIROC)?

In this release of the system, Firms will continue to apply for registration by submitting a Form 3 and all supporting documents in connection with such an application "in paper format". Applicants will continue to apply for membership to the Investment Industry Regulatory Organization of Canada or the Mutual Fund Dealers Association of Canada by submitting the current application forms provided by the associations.  Applications for individuals must be filed trough NRD.

 

Contact information for securities regulators may be found by following the link Canadian Securities Administrator Information located at the bottom of the left-hand corner of this page.

 

 

How do I enrol my firm to use NRD?

To enrol to use NRD, your firm must:

 

 

The NRD enrolment forms are available on the NRD website at www.nrd.ca.  All three forms must be delivered together by prepaid mail or by courier to:

 

CSA Service Desk

Attention:  NRD Administrator

12 Millenium Blvd., Suite 210

Moncton, NB

E1C 0M3

 


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