The Investment Industry Regulatory Organization of Canada (IIROC) is in the process of developing and publishing competency profiles for all IIROC approval categories. Last year we published for comment the first phase of this project, which involved the development of competency profiles for our Registered Representative (RR) and Investment Representative (IR) categories.

The second phase of this project is the publication of competency profiles for Directors, Executives, Ultimate Designated Persons (UDPs), Chief Compliance Officers (CCOs), and Chief Financial Officers (CFOs).

IIROC is proposing amendments to the Dealer Member Rules (DMRs) and corresponding amendments to the IIROC Dealer Member Plain Language Rule Book (IIROC Rules and, together with the DMRs, the Rules) in order to set out in the rules the authority of IIROC Staff (Staff) to grant exemptive relief to Dealer Members (Dealers) from certain client account documentation requirements (the Proposed Amendments).

The Investment Industry Regulatory Organization of Canada (IIROC) is in the process of developing and publishing competency profiles for all IIROC approval categories. The first phase of this project is the publication of competency profiles for its two largest categories of Registered Representative (RR) and Investment Representative (IR).

We are publishing this Consultation Paper to solicit feedback on our proposed competency profile for RRs and IRs.

The Investment Industry Regulatory Organization of Canada (IIROC) is publishing for comment certain proposed amendments to the Dealer Member Rules (DMRs) (the Proposed Amendments) to align with their parallel provisions in the IIROC Dealer Member Plain Language Rule Book (IIROC Rules).