Notice of Commission Approval - Amendments to Dealer Member Rules to Early Adopt Certain IIROC Rules - Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

NOTICE OF COMMISSION APPROVAL

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

AMENDMENTS TO DEALER MEMBER RULES TO EARLY ADOPT CERTAIN IIROC RULES

 

The Ontario Securities Commission has approved IIROC’s proposed amendments to its Dealer Member Rules to align with their parallel provisions in the IIROC Dealer Member Plain Language Rule Book (IIROC Rules) that were approved by the CSA in mid-20191 (the Amendments).

IIROC published the proposed amendments for comment on July 23, 2020 and two comment letters were received. A summary of the public comments and IIROC's responses, as well as the IIROC Notice including the Amendments, can be found at http://www.osc.gov.on.ca.

The Amendments will be effective on January 1, 2021 or as otherwise determined by IIROC.

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 Northwest Territories Office of the Superintendent of Securities, the Nova Scotia Securities Commission, the Nunavut Securities Office, 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 have approved or not objected to the Amendments.

 

 

 

 

 



 

1See OSC Notice of Commission Approval published on August 22, 2019 at https://www.osc.gov.on.ca/en/Marketplaces_iiroc_20190822_dealer-member-plain-language-rule-book.htm