81-508 – Temporary Exemptions from the OEO Trailer Ban to Facilitate Dealer Rebates of Trailing Commissions and Client Transfers (Exemption Order)

81-508 – Temporary Exemptions from the OEO Trailer Ban to Facilitate Dealer Rebates of Trailing Commissions and Client Transfers (Exemption Order)

• General Order 81-508 Temporary Exemptions from the OEO Trailer Ban to Facilitate Dealer Rebates of Trailing Commissions and Client Transfers

  Effective Date: June 1, 2022.

  Amended: September 15, 2023 (amendment is effective on December 1, 2023).

  Originally adopted on June 1, 2022, General Order 81-508 Temporary Exemptions from the OEO Trailer Ban to Facilitate Dealer Rebates of Trailing Commissions and Client Transfers was implemented to provide temporary exemptions from the OEO trailer ban to facilitate dealer rebates of trailing commissions to clients holding mutual fund in OEO dealer accounts and process client transfers. GO 81-508 took effect in all CSA jurisdictions on June 1, 2022 and is set to expire on November 30, 2023. GO 81-508 is being amended to extend the validity period of the order (Amended GO 81-508). GO 81-508 remains in effect until November 30, 2023 and Amended GO 81-508 will be in effect on December 1, 2023.

  amended_go_81_508_go_sept_15_2023.pdf