Compliance Memo

Compliance Memorandum 2013-14; Syndicated Mortgage Securities

For more information, contact:

Compliance Team

Date Issued:

December 3, 2013

The MFDA recently issued Bulletin #0583-P, Transactions by Approved Persons in Syndicated Mortgage Securities. The bulletin serves as a reminder to all financial advisors, especially those that are also licensed as mortgage brokers that syndicated mortgages are securities, and that transactions in respect of Syndicated Mortgage come within the definition of securities related business.

In this connection, all securities related business must be done through GP Wealth Management Corporation.

As always, if you have any questions or comments, contact the Compliance Department by email at