Notice of Commission Approval – Amendment to IIROC By-Law No. 1 regarding the Definition of “Marketplace” – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

The Ontario Securities Commission has approved IIROC’s proposed amendment to section 1.1 of its By-law No. 1 (By-law) to align the definition of “Marketplace” in the By-law with that in securities legislation and, where applicable, commodity futures legislation (Amendment). The Amendment was published for comment on December 3, 2020 and no comments were received.

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.

Pursuant to Article 17 of IIROC’s By-law, which requires Member approval for any amendments to IIROC’s by-laws, IIROC will be seeking Member approval of the Amendment at its Annual Meeting on September 21, 2021.

A copy of the IIROC Notice of Approval can be found at