{"id":10420,"date":"2010-04-09T10:10:44","date_gmt":"2010-04-09T14:10:44","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=10420"},"modified":"2010-04-09T10:10:44","modified_gmt":"2010-04-09T14:10:44","slug":"himi-signs-bare-trustee-agreement-with-iiroc","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=10420","title":{"rendered":"HIMI Signs Bare Trustee Agreement with IIROC"},"content":{"rendered":"<p>The Investment Industry Regulatory Organization of Canada has released the <a href=\"http:\/\/docs.iiroc.ca\/DisplayDocument.aspx?DocumentID=05AE8247742941ECA3FBE0071614529F&#038;Language=en\">IIROC List of Bare Trustee Agreements<\/a> as of March 31, which includes Hymas Investment Management Inc. as a &#8220;bare trustee&#8221; for <a href=\"http:\/\/www.himivest.com\/malachite\/MAPFMain.php\">Malachite Aggressive Preferred Fund<\/a>.<\/p>\n<p>The significance of this agreement is found in the <a href=\"http:\/\/www.iiroc.ca\/ENGLISH\/ABOUT\/BECOMINGAMEMBER\/Pages\/JointRegulatoryFinancialQuestionnaireAndReport.aspx\">Joint Regulatory Financial Questionaire and Report<\/a> (click &#8220;Joint Regulatory Financial Questionnaire And Report&#8221;, &#8220;Dealer Member Rules&#8221;, &#8220;Forms&#8221;, &#8220;PDF&#8221;; strangely, the direct link requires a password). HIMI is now an &#8220;acceptable securities location&#8221; and hence when filling out the &#8220;Statement of Net Allowable Assets and Risk Adjusted Capital&#8221; (page 14 of the PDF), positions held in the fund on the broker&#8217;s books no longer have to be included on line 18, &#8220;Securities held at non-acceptable securities locations&#8221;, as a 100% deduction from capital.<\/p>\n<p>Incidentally, do you see line 20 of that form, &#8220;Unresolved Differences&#8221;? That line was my job, back in the Richardson Greenshields days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Investment Industry Regulatory Organization of Canada has released the IIROC List of Bare Trustee Agreements as of March 31, which includes Hymas Investment Management Inc. as a &#8220;bare trustee&#8221; for Malachite Aggressive Preferred Fund. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-10420","post","type-post","status-publish","format-standard","hentry","category-mapf"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10420"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/10420\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}