Request for Comment - Notice of Proposed Client Focused Reforms Rule Amendments for Public Comment - Investment Industry Regulatory Organization of Canada (IIROC)
REQUEST FOR COMMENT
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
NOTICE OF PROPOSED CLIENT FOCUSED REFORMS RULE AMENDMENTS FOR PUBLIC COMMENT
IIROC is publishing for public comment proposed rule amendments to make IIROC requirements uniform in all material respects with the reforms to enhance the client-registrant relationship (Client Focused Reforms or CFRs) made to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) by the Canadian Securities Administrators (CSA CFRs)1 . A copy of the IIROC Notice of Request For Comment, including text of the proposed rule amendments for public comment, is published on our website at http://www.osc.gov.on.ca. The comment period ends on January 18, 2021.
IIROC has also made housekeeping rule amendments 2 to conform IIROC’s rules to the CSA CFRs. The housekeeping rule amendments have been deemed to be approved and will be in effect on a date to be determined by IIROC which will align with the implementation dates of the CSA CFRs3 . The Notice of Commission Deemed Approval and a copy of IIROC Notice of Approval/Implementation for the housekeeping rule amendments, including text of the housekeeping rule amendments, are also published on our website at http://www.osc.gov.on.ca.