Notice of Withdrawal – Proposed Dark Rules Anti-Avoidance Provision – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

IIROC is publishing a Notice withdrawing proposed amendments to the Universal Market Integrity Rules relating to the Dark Rules Anti-Avoidance Provision. The proposed amendments were published for public comment on January 29, 2015. See IIROC Rules Notice 15-0277 – Re-Publication of Proposed Dark Rules Anti-Avoidance Provision (2015). Upon the withdrawal, IIROC will implement best execution amendments as published in IIROC Notice 17-0137 – Amendments Respecting Best Execution, effective January 2, 2018.

A copy of the IIROC Notice stating the reasons for the withdrawal is published on our website at