Industry

NOTICE OF COMMISSION APPROVAL
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
AMENDMENTS TO NOTES AND INSTRUCTIONS TO
SCHEDULES 1 AND 7 OF FORM 1 REGARDING AGENCY TRI-PARTY ARRANGEMENTS

The Ontario Securities Commission has approved IIROC’s proposed amendments to Notes and Instructions to Schedules 1 and 7 of Form 1 regarding the margin requirements for certain agency tri-party arrangements (the Amendments).

IIROC published the proposed amendments for comment on February 21, 2019 and no public comments were received. A copy of the IIROC Notice, including text of the Amendments, can be found at http://www.osc.gov.on.ca.

The Amendments will be effective on September 1, 2020 or as otherwise determined by IIROC.

In addition, the Alberta Securities Commission, the Autorité des marchés financiers, the British Columbia Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Northwest Territories Office of the Superintendent of Securities, the Nova Scotia Securities Commission, the Nunavut Securities Office, the Office of the Superintendent of Securities, Service Newfoundland and Labrador, the Office of the Yukon Superintendent of Securities, and the Prince Edward Island Office of the Superintendent of Securities have approved or not objected to the Amendments.