The Alberta Securities Commission is conducting an online survey of securities dealers as part of the registration reform project.

The ASC notes that it is participating in a national Canadian Securities Administrators’ initiative to harmonize and streamline the registration process. One part of this process is a proposal to require persons who trade in prospectus exempt securities to register as a “specialty dealer”. The proposal also includes imposing several requirements on these Specialty Dealers.

To determine the effect of the proposed changes, the ASC has developed a short survey aimed at gathering information about prospectus exempt securities dealers. It says that the survey takes approximately 10 – 15 minutes to complete and may be completed anonymously.