Notices
Last Revised Date: 05 October 2018

Notice SFA 04-N09 Minimum Entry and Examination Requirements for Representatives of Holders of Capital Markets Services licence and Exempt Financial Institutions under the SFA

How to qualify to be a representative, or appoint a representative, to conduct regulated activities under the Securities and Futures Act (SFA)

This notice applies to:

  • Individuals who act or hold themselves out to be representatives who carry out regulated activities.
  • Capital markets services (CMS) licensees.
  • Banks, merchant banks, finance companies and insurers who have appointed representatives conducting regulated activities under the SFA.

It sets out the entry, examination and continuing education requirements for representatives, and the obligations of the financial institutions regarding their representatives. 

Amendment Notes

08 Oct 2018
SFA 04-N09 (Amendment) 2018 (1.1 MB) takes effect.
17 Jan 2012
Notice SFA04-N09 (Amendment) 2012 takes effect.
19 Oct 2011
Notice SFA04-N09 (Amendment) 2011 takes effect.
26 Nov 2010
Notice SFA04-N09 (Amendment) 2010 takes effect.

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