Re-publication of Proposed Derivatives Rule Modernization, Stage 1


IIROC is republishing for comment previously published proposed amendments to the IIROC Rules to modernize and simplify our derivatives-related requirements (the Initial publication).

We have made revisions to the proposed amendments set out in the Initial publication (the Revised Proposed Amendments) which are designed to:

  • reproduce most of the proposed amendments using the updated version of the IIROC Rules which was implemented on December 31, 2021, and
  • propose changes to some of the proposed amendments to address issues raised and suggestions made in the comment letters we received on the Initial publication, as well as comments from the Canadian Securities Administrators (CSA).

The objectives and considerations of these proposed amendments are outlined in the Initial publication. We have aligned the proposals in the Revised Proposed Amendments with these objectives and considerations.

Date opened: April 14, 2022

Date closed: June 13, 2022

Status: Closed

Bulletins about this consultation: