THE 360 NEWSLETTER

Following the June 15, 2023 communication and in compliance with MFDA Bulletin #0909-P, please find below clarification of Investia’s dealer policy pertaining to validating client authorization for advisors to act on client verbal instructions for client-name accounts:

• All signatures (from clients, Representatives or Branch Managers) must be provided. Authorizations may be provided by wet signature or within our Electronic Signature Tool.
• As the Limited Authorization Form (“LAF”) also allows the start of, and changes on PACs and AWDs, the Canadian Payments Association H1 document must be completed as part of the document package.
• Investia no longer requires a signature guarantee to be affixed to LAFs.
• Detailed client notes related to discussions and/or verbally authorized trade instructions must continue to be maintained. Please refer to the August 4, 2022 communication for more details.

For Representatives under Corporate Branch Manager supervision:

• To ensure maximum efficiency and help reduce delays, we ask that you please send all your LAF requests to Head Office via the Secure File Upload Tool (“Processing” option). Once approved, the document will be uploaded to the Univeris client file and the LTA status will be updated to “Authorized”, with the approval date inserted in the “Last LTA Update” field:
  
  
• Finally, approved LAFs may be downloaded from the “Documents” tab in Univeris.

Should you have any questions or require additional clarification, please feel free to contact your Compliance Supervisor.