IIROC revises requirement to disclose IIROC membership

November 13, 2014

The Investment Industry Regulatory Organization of Canada today republished for comment proposed changes to its Dealer Member Rules related to the requirement to disclose membership in IIROC as a Dealer Member.

IIROC initially proposed the changes in December 2011 to require that dealers display the IIROC decal at business locations to which clients have access and display the IIROC logo on client trade confirmations, account statements and on the dealer's website.

Among other things, the updated proposal removes the requirement that the IIROC logo be included on client account statements and trade confirmations.

IIROC is accepting comment on the updated proposal for 60 days. For more information, see IIROC Notice 14-0265.

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