Amendments to trade-confirmation suppression requirements

17-0188
Type: Rules Bulletin >
Approval/​Implementation
Distribute internally to
Institutional
Internal Audit
Legal and Compliance
Operations
Regulatory Accounting
Senior Management
Trading Desk
Rulebook connection
Legacy DMR Rules

Contact

Answerd Ramcharan
Manager, Financial Information, Member Regulation Policy

Executive Summary

The applicable securities regulatory authorities have approved amendments to Dealer Member Rule (DMR) 200.2(l)(x)(B) on trade-confirmation suppression requirements (the Amendments).

The Amendments were published for comment on April 20, 2017 in IIROC Rules Notice 17-0088 - Amendments to trade-confirmation suppression requirements (Notice 17-0088). All relevant background information, including the objectives of the Amendments, is set out in Notice 17-0088.

Comments Received

We received two comment letters in response to Notice 17-0088. One comment letter was fully supportive of the Amendments and the second comment letter was supportive of parts of the Amendments and suggested an alternative approach. Our response to the comments received is provided in Appendix C.

Appendices

Appendix A – Black-line comparison of the Amendments to the current DMR

Appendix B – Black-line comparison of the proposed plain-language version of the Amendments to the most recently published proposed plain language rule1

Appendix C – Summary of comments received and IIROC response.

Implementation

The Amendments are effective immediately.

  • 1See Notice 17-0054, Re-publication of Proposed IIROC Dealer Member Plain Language Rule Book
17-0188
Type: Rules Bulletin >
Approval/​Implementation
Distribute internally to
Institutional
Internal Audit
Legal and Compliance
Operations
Regulatory Accounting
Senior Management
Trading Desk
Rulebook connection
Legacy DMR Rules

Contact

Answerd Ramcharan
Manager, Financial Information, Member Regulation Policy

Other Notices associated with this Enforcement Proceeding:

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