Notice of Commission Deemed Approval – Housekeeping Amendments to the Universal Market Integrity Rules (UMIR) Regarding the Definition of “Marketplace” – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

The Ontario Securities Commission did not object to the classification of IIROC’s proposed housekeeping amendments to UMIR regarding the definition of “Marketplace” (Amendments). As a result, the Amendments were deemed approved and made consequential changes to the definition of a “marketplace” in UMIR to ensure consistency with IIROC By-law No. 1. The Amendments will become effective on October 21, 2021.

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 did not object to the Amendments.

A copy of the IIROC Notice of Approval/Implementation, including text of the approved Amendments, can be found at