Industry

REQUEST FOR COMMENT

INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA
(IIROC)

PROPOSED AMENDMENTS RESPECTING CLIENT IDENTIFIERS

IIROC is publishing for public comment proposed amendments respecting Client Identifiers (Proposed Amendments). IIROC published an initial proposal regarding client identifiers in May 2017 to solicit industry feedback. The Proposed Amendments reflect changes made in response to public comments and additional consultation with the IIROC Client Identifier Working Group.

The Proposed Amendments would require client identifiers and/or certain designations on:

  • each order for an equity security that is sent to a marketplace
  • each reportable trade in a debt security.

Where a client identifier is required, Dealer Members would need to provide a legal entity identifier or an account number.

A copy of the IIROC Notice including the Proposed Amendments is published on our website at http://www.osc.gov.on.ca. The comment period ends on Wednesday, September 26, 2018.