Why Exempt Market Dealers Are “Limited Dealers” — and Why It Matters Under the New Mortgage Services Act
1. The current legal definition: “limited dealer” means every dealer who is not an investment dealer As of the consolidated Securities Rules current to March 2026, British Columbia defines “limited dealer” in a deliberately broad way. Section 6 of the Securities Rules (B.C. Reg. 194/97) provides: “In these rules ‘limited dealer’ means a person registered […]