TORONTO, Sept. 18, 2014 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) republished today for further public comment the amendments in its Client Relationship Model (CRM) initiative, scheduled to take effect over the next two years.
The amendments have been revised to incorporate a change requested by Canadian Securities Administrators (CSA) staff to align the scope of IIROC's proposed "Report on client positions held outside of the Dealer Member" with the scope of the CSA's equivalent "Additional Statement". Details of this change and other minor changes to the previously published version of these amendments are contained in the IIROC notice published today to solicit further public comment on the revised amendments.
- Rules Notice: Client Relationship Model - Implementation
- Rules Notice: Client Relationship Model – Guidance
- Rules Notice: Know your client and suitability - Guidance
- Rules Notice: Client Relationship Model - Phase 2 - Implementation
- Rules Notice: Client Relationship Model - Phase 2 - Republication
IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.
IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - General News