Notice of Commission Approval – Debt Market Regulation Fee Model – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

The Ontario Securities Commission approved, subject to certain terms and conditions, a fee model for debt market transactions proposed by IIROC (Fee Model). The Fee Model was described in IIROC Notice 14-0291 - New Debt Market Regulation Fee Model that was issued on December 11, 2014, available at

The Fee Model will be effective on November 1, 2015. A copy of IIROC’s Notice of Approval that includes a description of the Fee Model, the terms and conditions of approval and a summary of comments received by IIROC and its responses can be found at

In addition, the Alberta Securities Commission, the Autorité de 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 Nova Scotia Securities Commission, the Office of the Superintendent of Securities, Service Newfoundland and Labrador, and the Prince Edward Island Office of the Superintendent of Securities have approved or not objected to the Fee Model.