Futures | Commodities | Forex
“Regulatory Responses in a Rapidly Evolving Industry”
Posted by Felix Shipkevich on Oct 15, 2009 Posted by Felix Shipkevich on Oct 15, 2009 in Canada IIROC, Uncategorized | 0 comments
IIROC President and CEO Susan Wolburgh Jenah delivered a speech at the Investment Industry Association of Canada (IIAC) annual conference on September 24, in which she outlined Canadian and global regulatory concerns and...The CSA and IIROC published a Joint Consultation Paper on Dark Pools, Dark Orders, and Other Developments in Market Structure in Canada.
Posted by Felix Shipkevich on Sep 30, 2009 Posted by Felix Shipkevich on Sep 30, 2009 in Canada IIROC | 0 comments
The Joint Consultation Paper outlines the introduction of marketplaces that offer no pre-trade transparency (dark pools), the introduction of new order types, including those that have limited or no transparency (dark orders), the interaction of visible and dark orders on the same trading platform, and the...New National Registration Regime Implemented
Posted by Felix Shipkevich on Sep 28, 2009 Posted by Felix Shipkevich on Sep 28, 2009 in Canada IIROC | 0 comments
National Instrument 31-103 Registration Requirements and Exemptions, and related rules and amendments, create a new Canada-wide registration regime. The new regime has higher proficiency standards for some registrants. It also has enhanced rules for consumer disclosure, referral arrangements, handling...Dealer Member Rule 41 outlines obligations to CIPF
Posted by Felix Shipkevich on Aug 25, 2009 Posted by Felix Shipkevich on Aug 25, 2009 in Canada IIROC | 0 comments
IIROC Dealer Members are required to pay Canadian Investor Protection Fund assessments through IIROC. IIROC henceforth has permission to share Dealer Member information with CIPF. CIPF has direct access to IIROC Dealer Member premises, information, and personnel and Dealer Members must comply with actions...FINRA and IIROC announce cooperation agreement
Posted by Felix Shipkevich on Jul 27, 2009 Posted by Felix Shipkevich on Jul 27, 2009 in Canada IIROC, FINRA | 0 comments
Under the new cooperation agreement, FINRA and IIROC will share information on compliance and enforcement related matters, and work together on issues related to firm oversight and examinations.FINRA and IIROC warn about leveraged and inverse ETFs
Posted by Felix Shipkevich on Jun 11, 2009 Posted by Felix Shipkevich on Jun 11, 2009 in Canada IIROC, FINRA | 0 comments
FINRA and IIROC remind firms of their sales practice obligations with regards to leveraged and inverse ETFs. ETFs that are designed to achieve investment objectives on a daily basis may not be suitable for many investors, and should not be marketed as if they were designed to positively or negatively track...IIROC Updates
Posted by Felix Shipkevich on Oct 20, 2008 Posted by Felix Shipkevich on Oct 20, 2008 in Canada IIROC | 0 comments
October 20, 2008: in light of the recent volatility of the CDN dollar exchange rates, effective October 29, 2008, the following spot risk margin rate applies until further notice: New Zealand Dollar versus U.S. Dollar from 5.00% to...IIROC Updates
Posted by Felix Shipkevich on Oct 20, 2008 Posted by Felix Shipkevich on Oct 20, 2008 in Canada IIROC | 0 comments
October 20, 2008: in light of the recent volatility of the CDN dollar exchange rates, effective October 23, 2008, the following spot risk margin rate applies until further notice: Norway Krone versus Canadian Dollar from 3.00% to...IIROC Updates
Posted by Felix Shipkevich on Oct 17, 2008 Posted by Felix Shipkevich on Oct 17, 2008 in Canada IIROC | 0 comments
October 17, 2008: in light of the recent volatility of the CDN dollar exchange rates, effective October 21, 2008, the following spot risk margin rate applies until further notice: Sweden Krona versus Canadian Dollar from 3.00% to...
