IIROC republishes proposed CRM changes

September 18, 2014

The Investment Industry Regulatory Organization of Canada today republished for further comment proposed amendments to its Dealer Member Rules to address specific objectives relating to its Client Relationship Model initiative.

Specifically, the proposed amendments include those in regards to (i) enhanced trade confirmation and account statement reporting; (ii) quarterly reporting on certain off-book client holdings; (iii) annual account performance reporting; and (iv) annual account fee/charge reporting. The proposed amendments were republished in order for IIROC to receive comment on revisions requested by CSA staff.

IIROC is accepting comments on the proposed amendments until November 17, 2014. For more information, see IIROC Notice #14-0214.

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