Private Capital Markets

New Brunswick establishes an independent
financial services regulatory agency

By Arthur Doyle, EMDA Director and Partner, Cox & Palmer

Effective July 1, 2013, the New Brunswick government established an independent financial services regulatory agency, aimed at strengthening consumer protection.

The New Brunswick Financial and Consumer Services Commission has replaced the New Brunswick Securities Commission, which regulates investments and has assumed responsibility for the previous commission’s mandate and will also oversee consumer affairs, credit unions, caisses populaires, co-operatives, trust companies, insurance, pensions and enforcement.

I regularly provide updates on the Securities Act (New Brunswick) and the related rules and regulations. If you are interested in receiving these updates, please contact me.

For more information about securities laws in Atlantic Canada, contact

For more information contact:

Arthur Doyle adoyle@coxandpalmer.com | (506) 633 2730

• Books and records requirements • Internal controls • Financial and margin regulatory reporting requirements for Form 31-103F1

• Common IFRS financial and regulatory reporting
challenges, focusing on income taxes, broker warrants
and thinly traded securities
• Underwriting revenue recognition
• Related party transactions and constructive obligations
First of its kind program in Canada specifically designed for:
• Exempt Market Dealers (EMDs)

• EMD officers and directors • CFOs, CMAs, CGAs • Controllers, finance professionals and auditors in the exempt market • Professionals providing financial and regulatory compliance services to EMDs

Exempt Market
Continuing Education

CFO Education Series

Regulatory Financial Reporting Certificate

Exempt Market Dealers Association of Canada

Presented by EMDA Founding Sponsor

Doug Bedard, MBA Program Developer Senior Vice President and Director, MNP Corporate Finance Inc.

Director, EMDA Canada Contact: doug.bedard@mnp.ca Stephen Warden CA, CMC Program Developer Program Instructor Director, EMDA Canada/Partner, MNP LLP Contact: swarden@cogeco.ca Sean Du Plessis, CA (SA)