Which of the following statements about your mutual fund registration is CORRECT?

Maintaining a mutual fund registration is an ongoing responsibility. Under Canadian securities regulations, specifically National Instrument 33-109, all registrants have a legal obligation to promptly notify the securities regulators of any material changes to the information submitted in their registration application. This includes changes to personal circumstances such as a change of address, legal name, criminal charges, bankruptcy, or civil judgments. This ensures that regulators always have current and accurate information about the individuals they authorize to deal with the public.

A. Registration is required in each specific province or territory where you conduct business; a single provincial registration is not valid across Canada.

B. While the dealer's approval is a required step, the provincial securities commission provides the final approval before you can legally sell mutual funds.

C. Registration is continuous and does not require renewal every two years, although annual fees must be paid to maintain it in good standing.

Canadian Securities Administrators. (2021). National Instrument 33-109 Registration Information. (Section 4.1 outlines the registrant's fundamental obligation to keep their registration information current).

Canadian Securities Institute. (2023). Investment Funds in Canada Course, Chapter 1: The Regulatory Environment. CSI. (This chapter details the registration requirements and ongoing obligations of registrants as mandated by provincial securities commissions and SROs).