Request for Comment – Proposed Amendments Respecting the Trading of Derivatives on a Marketplace – Investment Industry Regulatory Organization of Canada (IIROC)

IIROC rule review

 
IIROC is publishing for public comment proposed amendments (Proposed Amendments) to the Universal Market Integrity Rules and the Dealer Member Rules / IIROC Rules that would regulate the trading of listed derivatives on a marketplace for which IIROC acts as the regulation services provider.

The main objective of the Proposed Amendments is to provide a framework for the regulation of listed derivatives trading on a marketplace that strengthens market integrity and investor protection. The Proposed Amendments:

  • expand, where appropriate, the scope of certain current securities trading requirements to apply to derivatives trading
  • limit, where appropriate, certain current requirements to apply only to securities trading
  • introduce new requirements that are specific to derivatives trading.

A copy of the IIROC Notice, including the text of the Proposed Amendments, is also published on our website at http://www.osc.gov.on.ca.  The comment period ends on December 7, 2020.