Notice of Commission Deemed Approval – Housekeeping Amendments to DMR and IIROC Rules As Related to IIROC Notices 19-0071 and 19-0101

Market Regulation Document Type
IIROC rule review

The Ontario Securities Commission did not object to the classification of IIROC’s proposed housekeeping amendments to Dealer Member Rules (DMR) and IIROC Rules as related to IIROC Notice 19-0071 – Amendments Respecting Client Identifiers and IIROC Notice 19-0101 – Amendments to Provisions Respecting Order Execution Only Service Eligibility and Adviser Identifiers (Amendments).

The Amendments consolidate previous amendments to certain DMR and IIROC Rules and make editorial changes, such as renumbering and updating cross-references.

Within the Amendments, the amendments to DMR will become effective on July 26, 2021 and the amendments to the IIROC Rules will become effective later on December 31, 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 did not object to the housekeeping amendments.

A copy of the IIROC Notice of Approval/Implementation, including text of the approved amendments, can be found at www.osc.ca.