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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

Transition to shorter T+2 settlement now underway

Regulator requests initial comments and proposes working group

OECD raises Canada’s economic growth outlook to 2.4% for 2017

Firms had said the existing approach is too prescriptive and outdated and it should be altered to accommodate changes in current market structure

OSFI proposes revisions to capital rules for life insurers

The new rules combine the existing sets of dealer and marketplace rules into a single set of rules for all enforcement proceedings

Several markets will be considered unprotected for the purposes of the revised order protection rule

Nominations for the SRO’s market rules advisory committee are due July 29

Canada’s equities markets have been transformed over the past couple of years, with the launch of new trading venues and novel execution models. Now, regulators are laying down the laws for this brave new world. For almost two years, the Canadian Securities Administrators (CSA) has been contemplating fundamental reform to the equities market structure to […]

Most firms welcome more transparency, but many are concerned about rule clarity and documentation