If Fees are not Paid
If a firm does not pay its participation fees in full and on time, the registration of the firm and its registered individuals will automatically be suspended on January 31 of the year following the original due date.
If the firm wants to have its registration reinstated, it will have to make an application and pay applicable late fees. Terms and conditions may be imposed as a result of the late payment. For more information, see Reinstating Registration.
For more information:
- Section 29 of the Securities Act (Ontario)