The Canadian Securities Administrators have published a staff notice reminding registrants of their "suitabilty" and "know your product" obligations to clients. The CSA expect firms to have a process in place for reviewing and approving new products, as well as existing products whose structure or features have significantly changed. The notice provides specific factors that firms should consider in assessing investment products and reminds firms that the approval of an investment product does not mean that the product is suitable to any specific client.