The Investment Industry Regulatory Organization of Canada (IIROC) is extending the comment period for its proposed financial planning rule for another month.

Last month IIROC proposed a new rule that would impose a regulatory framework on the financial planning activities of its members, including
proficiency requirements for reps and supervisory requirements for dealers.

The comment period for that rule was scheduled to expire on September 8, but IIROC announced that it is extending the period to October 8.

IE