Proposed Integrated Fee Model

The Canadian Investment Regulatory Organization (CIRO) is proposing a new integrated fee model (the “proposed integrated fee model”) and provides the following materials for comment:

1. Bulletin describing the proposals and the work performed
2. Interim Fee Model Guidelines applicable to Investment Dealer Members and Marketplace Members – blacklined and clean (Appendix A and Appendix B)
3. Mutual Fund Dealer Rules 1, 3, 7 & 8 – blacklined and clean (Appendix C)
4. Integration Cost Recovery Fee Model – blacklined and clean (Appendix D) – for housekeeping amendments to reflect that it will continue to apply in relation to the integrated fee model.
5. Frequently Asked Questions (FAQs) to further explain the details and nuances of the various items included in the proposed fee model (Appendix E)