Request for Comment - Proposed Amendments Respecting the Trading of Derivatives on a Marketplace

IIROC rule review

REQUEST FOR COMMENT
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
NOTICE OF PROPOSED AMENDMENTS RESPECTING THE TRADING OF DERIVATIVES ON A MARKETPLACE

 

IIROC is publishing for public comment proposed amendments (Proposed Amendments) to the Universal Market Integrity Rules and the Dealer Member Rules / IIROC Rules that would regulate the trading of listed derivatives on a marketplace for which IIROC acts as the regulation services provider.

The main objective of the Proposed Amendments is to provide a framework for the regulation of listed derivatives trading on a marketplace that strengthens market integrity and investor protection.  The Proposed Amendments:

  • expand, where appropriate, the scope of certain current securities trading requirements to apply to derivatives trading
  • limit, where appropriate, certain current requirements to apply only to securities trading
  • introduce new requirements that are specific to derivatives trading.

A copy of the IIROC Notice, including the text of the Proposed Amendments, is also published on our website at http://www.osc.gov.on.ca.  The comment period ends on December 7, 2020.