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

Market Regulation Document Type
IIROC rule review

August 22, 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 APPROVAL

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA
(IIROC)

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

The Ontario Securities Commission has approved IIROC’s proposed amendments to Form 1 respecting defined terms for consistency with the Dealer Member Plain Language Rule Book (the Amendments).

IIROC published the Amendments for comment on February 15, 2018 and did not receive any public comment. IIROC has made non-substantive changes to the Amendments as published in 2018 in response to CSA comments received. A copy of the IIROC Notice including the Amendments can be found at http://www.osc.gov.on.ca.

The Amendments 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 Legal Registries Division, Department of Justice (Northwest Territories); the Legal Registries Division, Department of Justice (Nunavut); the Manitoba Securities Commission; the Nova Scotia Securities Commission; the Office of the Superintendent of Securities, Service Newfoundland and Labrador; the Office of the Yukon Superintendent of Securities; and the Prince Edward Island Office of the Superintendent of Securities Office have approved or not objected to the Amendments.