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How will regulation of firms be enforceable?

The PGA enables a regulatory body to regulate firms when that regulatory body has been authorized through regulation and has developed the necessary bylaws to do so. Regulated firms must become registrants of the regulatory bodies and like individual registrants, must comply with the requirements of the PGA, subsequent regulations, and the bylaws of the regulatory bodies. Regulatory bodies can enforce requirements on their registrants.

— OSPG staff

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