{"id":707,"date":"2007-03-22T15:48:51","date_gmt":"2007-03-22T19:48:51","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=707"},"modified":"2007-03-22T15:48:51","modified_gmt":"2007-03-22T19:48:51","slug":"prefletter-subscription-restrictions","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=707","title":{"rendered":"PrefLetter : Subscription Restrictions"},"content":{"rendered":"<p>I have just had the disclaimer of PrefLetter (<a href=\"http:\/\/www.prefletter.com\">Coming Soon!<\/a>) prepared. Everybody will be familiar with these things &#8211; I needed to ensure that the work was clearly labelled as generic and that there were prohibitions against redistribution or other abuse.<\/p>\n<p>Very disappointing. Not only did counsel cross out EVERY SINGLE MENTION of &#8220;thumbscrews&#8221; in the prohibition, but I am advised that &#8220;evisceration&#8221; is no longer considered a legal remedy. Hell.<\/p>\n<p>And I&#8217;ve learnt about the subscription restrictions. As I am licensed in Ontario, I am able to sell subscriptions to any Ontario resident; there are also exemptions in place such that I can sell subscriptions to Quebec residents who are registered in Quebec. But nobody else, not unless I get registered in other provinces. I will, however, maintain a list of the business I&#8217;m losing due to these restrictions and will\u00a0apply for registration\u00a0anywhere I think I can at least break even.<\/p>\n<p>The various levels of restriction seem a little strange to me:<\/p>\n<ul>\n<li>I can accept investments in <a href=\"http:\/\/www.himivest.com\/malachite\/MAPFMain.php\">Malachite Aggressive Preferred Fund<\/a> across Canada, provided the investor either meets the accreditation rules, or invests $150,000+.<\/li>\n<li>I can offer <a href=\"http:\/\/www.himivest.com\/segAccounts\/segAccountMain.php\">segregated account management<\/a> to Ontario residents only.<\/li>\n<li>I can licence my <a href=\"http:\/\/www.prefshares.com\">software<\/a> to anybody in Ontario, or to locally registered entities anywhere\u00a0else in Canada.<\/li>\n<li>I can sell subscriptions to <a href=\"http:\/\/www.prefletter.com\">PrefLetter<\/a> to anybody in Ontario and registered entities in Quebec (there are a few other exemptions in Quebec, but listing them takes up a LOT of space).<\/li>\n<\/ul>\n<p>I find it most peculiar, really. Especially the part about being able to offer a registered financial advisor in, say, Saskatchewan, a license for my software but not a subscription to my newsletter.\n<\/p>\n<p><!--843362b2536dc9311aa0b654914e1e05--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have just had the disclaimer of PrefLetter (Coming Soon!) prepared. Everybody will be familiar with these things &#8211; I needed to ensure that the work was clearly labelled as generic and that there were &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-707","post","type-post","status-publish","format-standard","hentry","category-prefletter"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/707","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=707"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/707\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}