Thank you for the information, Extremist223. Since I became aware of some of the rules that might trigger an audit such as frequency of trading in a TFSA, I have switched my trading to other accounts. I will take the risk of an audit with NWBO as it is the only investment inside my TFSA and have held it for well over four years. I will cite my clinical professional background to support my DD on a biotech stock if they claim it's speculative. Basically every stock is speculative because it does not guarantee you will not lose your principal including dividend paying stocks. I believe these rules are aimed at professionals working in the securities industry. i,e 3, 4, 5 and 6.
Etienne1, Hankmanhub and SilenceisDeath what are your thoughts on this?