NOTICE OF COMMISSION DEEMED APPROVAL
INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA (IIROC)
HOUSEKEEPING AMENDMENTS TO DEALER MEMBER RULE 200.2 AND EQUIVALENT IIROC RULE ON TRADE-CONFIRMATION SUPPRESSION REQUIREMENTS
The Ontario Securities Commission did not object to the classification of IIROC’s proposed housekeeping amendments to Dealer Member Rule 200.2 and equivalent IIROC Rule on trade-confirmation suppression requirements, which were to align with the recent relief provided by CSA jurisdictions from reporting under National Instrument 24-101 Institutional Trade Matching and Settlement. As a result, the proposed housekeeping amendments are deemed to be approved and will be effective on July 1, 2020.
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 did not object to the amendments.
A copy of IIROC’s Notice of Approval/Implementation and the text of the approved amendments can be found at www.osc.gov.on.ca.