INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
PROPOSED AMENDMENTS RELATING TO
THE NEW METHODOLOGY FOR MARGINING EQUITY SECURITIES
NOTICE OF WITHDRAWAL
IIROC has published a Notice withdrawing proposed amendments to Dealer Member Rule 100.2 and Form 1 relating to the new methodology for margining equities securities (the Proposed Amendments). The Proposed Amendments were published for public comment on January 13, 2006. See IIROC Proposed New Methodology for Margining Equity Securities – Regulation 100 and Form 1 (2006), 29 OSCB 420.
In light of concerns expressed by commenters regarding the potential industry impact, the passage of time, changes to the investment industry and other IIROC regulatory priorities, IIROC has decided to withdraw the Proposed Amendments.
A copy of the IIROC Notice is published on our website at http://www.osc.gov.on.ca.