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Online securities trading has grown rapidly over the past several years in the United States, and Canadian brokers and stock exchanges have been struggling to compete. Brokers, dealers and securities exchanges are now urging Canadian securities regulators to eliminate the "know-your-client" and suitability obligations for online or discount brokerage accounts to speed up execution and reduce transaction costs.
May 18, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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