Industry




REQUEST FOR COMMENT
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
PROPOSED AMENDMENTS TO TRANSACTION REPORTING FOR DEBT SECURITIES


IIROC is publishing for public comment proposed amendments to transaction reporting for debt securities in the Dealer Member Rules (the Proposed Amendments).  The Proposed Amendments would:


  • shorten the transaction reporting deadlines for debt securities to align with the change to shorter settlement cycles
  • remove the reporting requirement on alternative trading systems when trades in debt securities are executed against a Dealer Member to eliminate duplicative reporting
  • add new data fields to enhance the surveillance capabilities of IIROC Debt Surveillance and assist with the regulatory functions of the Bank of Canada.

A copy of the IIROC Notice including the proposed amendments is published on our website at www.osc.gov.on.ca.  The comment period ends on June 6, 2018.