The following is an excerpt from the CFA brochure.
The brochure does not give any detail as to the nature or extent of the waivers. Does anyone know any details about these regulatory waivers, or know of a direct link to such information? I am particularly interested in the situation in the US and Canada (Ontario, Alberta, BC).
when the went to offering L1 twice a year, they made the claim that L1 was used as a licensing requirement in (unspecified) jurisdictions to justify their actions