Amendments would replace existing language with “designated rating organizations”
Fewer reviews completed in fiscal 2012 as regulators increased the number of full reviews
New category would allow U.S. broker dealers registered with FINRA to directly seek cross-membership with IIROC
Provincial regulators will adopt two different models for registering “non-resident” fund managers
Propose rule aims to address specific risks that may arise from electronic trading
CSA moves to improve risk disclosure
The regulators are looking to assess whether there is a problem with services that are not currently subject to any regulatory oversight
Clearing will enhance transparency for regulators and mitigate risks
CSA responds to feedback from stakeholders in consultation paper due next week
Proposals form the second part of the Client Relationship Model