Request for Comment – Proposed Amendments Respecting Non-Clients – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

 
IIROC is publishing for public comment proposed amendments to the Universal Market Integrity Rules and the IIROC Rules respecting non-clients (Proposed Amendments). The Proposed Amendments would:

  • replace the definition of a “non-client order” or “non-client account” with new definitions of “Dealer Related Person order” and “Dealer Related Person account”
  • introduce a new definition of “Dealer Member account”.

The purpose of the Proposed Amendments is to clarify and update the definition of a “non-client order” or “non-client account”, as well as improve consistency between the Universal Market Integrity Rules and IIROC Rules.

A copy of the IIROC Notice, including the Proposed Amendments, is published on our website at www.osc.gov.on.ca. The comment period ends on December 4, 2019.