REQUEST FOR COMMENT
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA
PROPOSED AMENDMENTS RESPECTING NON-CLIENTS
IIROC is publishing for public comment proposed amendments to the Universal Market Integrity Rules and the IIROC Rules respecting non-clients (Proposed Amendments). The Proposed Amendments would:
- replace the definition of a “non-client order” or “non-client account” with new definitions of “Dealer Related Person order” and “Dealer Related Person account”
- introduce a new definition of “Dealer Member account”.
The purpose of the Proposed Amendments is to clarify and update the definition of a “non-client order” or “non-client account”, as well as improve consistency between the Universal Market Integrity Rules and IIROC Rules.
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 December 4, 2019.