Request for Comment – The Proposed IIROC Dealer Member Plain Language Rule Book – Investment Industry Regulatory Organization of Canada (IIROC)

Market Regulation Document Type
IIROC rule review

IIROC is republishing for public comment the proposed IIROC Dealer Member plain language rule book (the proposed PLR Rule Book), with the primary objective to rewrite, reformat, rationalize, and reorganize its Dealer Member Rules in plain language (the PLR Project).

The PLR Project started in 2008 by IIROC’s predecessor, the Investment Dealers Association of Canada, and was initially drafted and published for comment in a number of discrete tranches. The separately published tranches were compiled to create the proposed PLR Rule Book which was published for comment in March 2016 (IIROC Notice 16-0052).

IIROC is republishing the proposed PLR Rule Book with changes that respond to comments received on the previous publication from the public, the Canadian Securities Administrators and from IIROC’s own internal review.

The current publication includes the Consolidated Enforcement, Examination and Approval Rules that became effective on September 1, 2016. The Consolidated Enforcement Rules are therefore not being published for further comment except to the extent changes have been made to formatting and definitions to conform to the proposed PLR Rule Book.

A copy of the IIROC Notice and appendices, which includes the proposed PLR Rule Book, is also published on our website at The comment period ends on May 12, 2017.