Notice of Commission Order – Approval of Application regarding the IIROC Restricted Fund – Investment Industry Regulatory Organization of Canada (IIROC)

IIROC recognition and other orders

 
The Ontario Securities Commission issued an order pursuant to section 21.1(4) of the Securities Act (Ontario) to allow the Investment Industry Regulatory Organization of Canada (IIROC) limited access to the IIROC Restricted Fund in order to cover certain external advisor costs incurred by IIROC in relation to the creation of the New SRO in accordance with subparagraph 8 (a)(iv) of Schedule A of the IIROC Recognition Order.

The order takes effect on October 27, 2022 and is also published on the OSC website and in Chapter B.2 of the OSC Bulletin, dated October 27, 2022.

In addition, the Alberta Securities Commission; Autorité des marchés financiers; British Columbia Securities Commission; Manitoba Securities Commission; Financial and Consumer Services Commission of New Brunswick; Office of the Superintendent of Securities, Digital Government and Services, Newfoundland and Labrador; Office of the Superintendent of Securities, Northwest Territories; Nova Scotia Securities Commission; Office of the Superintendent of Securities, Nunavut; Prince Edward Island Office of the Superintendent of Securities; Financial and Consumer Affairs Authority of Saskatchewan; and Office of the Yukon Superintendent of Securities.