IIROC published
for comment proposed amendments to its Universal Market Integrity Rules (UMIR) and the IIROC Rules that would replace the definition of a “non-client order” or “non-client account” with new definitions of “Dealer Related Person order” and “Dealer Related Person account”, and introduce a new definition of “Dealer Member account” into the IIROC Rules.
The goal is to ensure consistency between the terminology used in UMIR and the IIROC Rules and in how Dealer members identify non-client accounts and orders.
Please let us know if you are interested in participating on an IIAC Working Group to provide input on the proposed amendments. Proposed meeting dates and times are October 16 (2:00 pm), October 17 (2:00 pm) and October 23 (12:00 pm). Please express your interest and preferred date by emailing Mustapha Saleem. Comments are due by December 4, 2019.