Notice of Commission Approval - Amendment to Remove the Risk Component of IIROC’s Dealer Member Fee Model - Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

 

The Ontario Securities Commission has approved proposed amendment to remove the risk component of IIROC’s Dealer Member Fee Model (Amendment). The Amendment was published for comment on December 17, 2020 and no comments were received.

The effective date for the Amendment is April 1, 2021.

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 Amendment.

A copy of the IIROC Notice of Approval can be found at www.osc.ca