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?
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 Eliminating outdated paper-based processes, NRD will deliver important benefits for firms, including:
Registration with multiple jurisdictions using a single online form for individuals
A more efficient registration process whereby most transactions can be completed within a shorter period of time
Transparency of registrant information to regulators and industry across Canada.
By replacing time-consuming and costly paper processes, NRD will:
Provide the firm with the ability to submit registration information for individuals to multiple jurisdictions through a single electronic filing window
Create a streamlined registration process that will allow most transactions to be completed within a shorter period of time.
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.
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.
To enrol to use NRD, your firm must:
Appoint a person to act as the chief authorized firm representative for your firm
Complete and deliver
to the NRD Administrator, concurrently and in paper format, the following
three NRD enrolment forms:
NRD Form 1 - Enrolment Form of Firm
NRD Form 2 - Enrolment of Chief Authorized Firm Representative
NRD Form 3 - NRD Account Holder Authorization, together with any required fees and a copy of the firm's incorporating documents or, if the firm is not a corporation, other documents confirming the legal name of the firm.
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
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