The exchange will open its market at 2 a.m. beginning Oct. 9
Canadian investors don’t have easy access to these products, nor do they have much price transparency, the exchange says
The MRAC provides advice to IIROC staff about possible changes to trading rules, guidance and other market regulation issues
The SRO has launched a second consultation on the proposals, which may have “significant impacts” on the investment industry
IIROC and the CSA have begun to gather information in order to determine whether any regulatory action is required
Rule changes by IIROC would make the CSA requirements redundant
Various jurisdictions are undertaking reforms
Regulator requests initial comments and proposes working group
Firms had said the existing approach is too prescriptive and outdated and it should be altered to accommodate changes in current market structure
The new rules combine the existing sets of dealer and marketplace rules into a single set of rules for all enforcement proceedings