Dealers called on to implement policies to address, detect, prevent and report manipulative and deceptive activity
Regulator implements requirements for trades that settle outside continuous net settlement facilities
SRO may intervene when trades are “unreasonable”
The need to be able to properly identify the parties involved in particular trades became acutely evident during the financial crisis
IIROC proposal aims to prevent "fat finger" trades that can wreak havoc on markets
Regulator says that it believes the order allocation practice negatively impacts fair access to trading on marketplaces
Majority were exemptions from provisions of the trading rules
Rule changes will now all take effect on Oct. 15
Proposals aim to streamline enforcement between market and dealer member matters
Buy orders could have created an artificial sale price