Intermediary certificate conditions require continuous compliance, fee payment, and prior approval for constitutional changes, with deemed approval on delay. Certificate conditions require intermediaries to obtain prior approval before continuing operations following a change in status or constitution, pay ... Summary
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Intermediary certificate conditions require continuous compliance, fee payment, and prior approval for constitutional changes, with deemed approval on delay.
Certificate conditions require intermediaries to obtain prior approval before continuing operations following a change in status or constitution, pay applicable fees, comply with securities laws and related directions, continuously meet registration requirements, and satisfy eligibility criteria. Additional conditions may be imposed for investor protection, orderly market development, or operational regulation. Complete approval requests must be decided within sixty days, failing which approval is deemed granted, and prescribed Form A information must be submitted and uploaded.
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