Canada - NI 31-103 / NI 81-106

Canadian Provincial Securities Commissions Regulatory Filings

Registration Status: Active in 4 Provinces
Portfolio Manager & Investment Fund Manager | Registered: February 1, 2020
Registered Firm

Excess Working Capital

$8.3M

34x requirement

Provincial Registrations

4

active jurisdictions

Compliance Rate

100%

6/6 requirements

Advising Reps

4

registered individuals

Provincial Securities Commission Registrations

ProvinceRegulatorRegistration NumberCategorySinceStatus
Ontario
OSC
PM-567890Portfolio ManagerFebruary 2020
Active
British Columbia
BCSC
BC-234567Portfolio ManagerFebruary 2020
Active
Quebec
AMF
AMF-890123Portfolio ManagerMarch 2020
Active
Alberta
ASC
AB-456789Portfolio ManagerMarch 2020
Active

NI 31-103 Registration Requirements & Filings

Ongoing compliance filings for registered firms

FormFiling NameFrequencyDescriptionLast FiledNext DueStatus
33-109F4
Form 33-109F4 - Registration of IndividualsAs RequiredRegistration and updates for advising representativesMarch 15, 2025As needed
Current
33-109F6
Form 33-109F6 - Firm RegistrationAnnualAnnual firm registration renewalMarch 31, 2025March 31, 2026
Filed
31-103F1
Form 31-103F1 - Calculation of Excess Working CapitalAnnualAnnual working capital calculationMarch 31, 2025March 31, 2026
Filed
AUD
Audited Financial StatementsAnnualAnnual audited financials to regulatorsMarch 31, 2025March 31, 2026
Filed

NI 81-106 Investment Fund Continuous Disclosure

Ongoing disclosure obligations for investment funds

FormDocument NameFrequencyDescriptionLast FiledNext DueStatus
81-106F1
Contents of Annual and Interim Management Reports of Fund PerformanceSemi-AnnualFund MRFP for semi-annual periodSeptember 30, 2025March 31, 2026
Filed
AIF
Annual Information FormAnnualDetailed fund disclosure documentMarch 31, 2025March 31, 2026
Filed
FS
Annual/Interim Fund Financial StatementsSemi-AnnualAudited/reviewed fund financialsSeptember 30, 2025March 31, 2026
Filed

Working Capital Position (Form 31-103F1)

Total Assets$12.50M
Total Liabilities$2.10M
Working Capital$8.50M
Required Capital$250K
Excess Working Capital$8.25M

Registered Individuals (Form 33-109F4)

Michael Robertson
Ultimate Designated Person (UDP)
Ontario (OSC)
Active
Sarah Johnson
Chief Compliance Officer (CCO)
All Jurisdictions
Active
David Chen
Chief Financial Officer (CFO)
All Jurisdictions
Active
Emma Williams
Advising Representative
ON, BC, QC
Active

NI 31-103 Compliance Requirements

RequirementInstrumentDescriptionStatus
Know Your Client (KYC)
NI 31-103
Client identification and suitability assessments
Compliant
Know Your Product (KYP)
NI 31-103
Product due diligence and understanding
Compliant
Conflicts of Interest
NI 31-103
Identification and management of conflicts
Compliant
Working Capital Requirements
NI 31-103
Minimum capital and liquidity maintained
Compliant
Continuous Disclosure
NI 81-106
Timely fund disclosure to unitholders
Compliant
Independent Review Committee
NI 81-107
IRC for conflict oversight in funds
Compliant

Canadian Securities Regulatory Framework

NI 31-103: Registration Requirements, Exemptions and Ongoing Registrant Obligations
Harmonized registration regime across Canada covering registration categories, proficiency requirements, capital requirements, KYC/KYP obligations, and ongoing compliance.
NI 81-106: Investment Fund Continuous Disclosure
Continuous disclosure requirements for investment funds including financial statements, management reports of fund performance (MRFP), and material change reporting.
NI 81-107: Independent Review Committee for Investment Funds
Requirements for establishing an independent review committee to review and approve conflict of interest matters referred by the manager.
Form 33-109F4: Registration of Individuals and Review of Permitted Individuals
Individual registration requirements including proficiency, good character, financial solvency, and ongoing requirements for advising representatives.
Key Contacts
  • Principal Regulator: Ontario Securities Commission
  • Portal: National Registration Database (NRD)
  • Last Compliance Review: August 2025
  • Auditor: Deloitte LLP
Upcoming Deadlines
  • Interim Fund MRFP: March 31, 2026
  • Annual Registration Renewal: March 31, 2026
  • Annual Audited Financials: March 31, 2026
  • Form 31-103F1 EWC: March 31, 2026