CmaBylaw
Executive Bylaws
2-8 Of Module Eight: Conduct of Business
Section: Chapter Two: Client Categorisation
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Sunday, 12 February 2017
To categorise a Client as a Qualified Professional Client, the following procedures shall be followed: 1. The Client shall notify the Licensed Person in writing regarding its desire to be categorised as a Qualified Professional Client, either generally or in respect of a particular service, transaction or a specific kind of transaction or Securities. The agreement entered into with the Client shall include a declaration of its awareness and acceptance of the impacts of such categorisation. 2. The Licensed Person shall notify the Client in writing with the impacts of his categorisation as a Qualified Professional Client.
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