Industry

UPDATE NOTICE

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)

REVISED IMPLEMENTATION DATE OF THE IIROC DEALER MEMBER PLAIN LANGUAGE RULE BOOK

 

Further to the notices of Commission approval published regarding the IIROC Dealer Member Plain Language Rule Book (IIROC Rules) and several rule amendments related or connected to the IIROC Rules that were to become effective on June 1, 2020, IIROC published on April 16, 2020 a Technical Notice - 20-0079 Revised Implementation Date of the IIROC Dealer Member Plain Language Rule Book and Update on the Client Focused Reforms to delay the implementation of the IIROC Rules and related amendments listed below. The new implementation date will be December 31, 2021 or as otherwise determined by IIROC.

This update notice relates to the following notices of Commission approval or deemed approval:

  1. Notice of Commission Approval – Dealer Member Plain Language Rule Book, dated August 22, 2019
  2. Notice of Commission Approval – Amendments to Client Identification and Verification Requirements, dated August 22, 2019
  3. Notice of Commission Approval – Amendments to Form 1 for use in, and consistency with, the Dealer Member Plain Language Rule Book, dated August 22, 2019
  4. Notice of Commission Approval – Amendments to Forms and Guidance Respecting Investment in a Dealer Member, dated August 22, 2019
  5. Notice of Commission Deemed Approval – Housekeeping Amendments to Form 1 for use in, and consistency with, the Plain Language Dealer Member Rules Rule Book, dated October 17, 2019
  6. Notice of Commission Deemed Approval – Housekeeping Amendments to UMIR Following Implementation of IIROC Rules, dated March 5, 2020