Notice of Commission Deemed Approval - Housekeeping Amendments to Form 1 for use in, and consistency with, the Plain Language Dealer Member Rules Rule Book

Market Regulation Document Type
IIROC rule review

October 17, 2019

Updated – April 16, 2020 – Revised Implementation Date. In view of the COVID-19 pandemic and to reduce regulatory burden, IIROC published a Technical Notice - 20-0079 Revised Implementation Date of the IIROC Dealer Member Plain Language Rule Book and Update on the Client Focused Reforms which revised the implementation date for the Plain Language Rule Book. As a result, the intended implementation date of the below amendments will be December 31, 2021 or as otherwise determined by IIROC.

 

NOTICE OF COMMISSION DEEMED APPROVAL

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

HOUSEKEEPING AMENDMENTS TO FORM 1
FOR USE IN, AND CONSISTENCY WITH, THE PLAIN LANGUAGE DEALER MEMBER RULES RULE BOOK

 

The Ontario Securities Commission did not object to the classification of IIROC’s proposed housekeeping amendments to Form 1 for consistency with the IIROC Plain Language Dealer Member Rules Rule Book. As a result, the proposed housekeeping amendments are deemed to be approved and will be effective on June 1, 2020.

In addition, the Alberta Securities Commission, the Autorité des marchés financiers, the British Columbia Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Newfoundland and Labrador Office of the Superintendent of Securities, the Northwest Territories Office of the Superintendent of Securities, the Nova Scotia Securities Commission, the Nunavut Office of the Superintendent of Securities, the Office of the Yukon Superintendent of Securities, and the Prince Edward Island Office of the Superintendent of Securities did not object to the amendments.

A copy of IIROC’s Notice of Approval/Implementation and the text of the approved amendments can be found at www.osc.gov.on.ca.