IIROC Publishes Concept Paper To Facilitate Dialogue - Proficiency Requirements And Directed Commissions

IIROC is considering ways in which it can make the delivery of securities regulation in Canadamore efficient by reducing regulatory overlaps and harmonizing our requirements and standards with those on other regulatory platforms, while pursuing the public interest and maintaining or enhancing investor choice and investor protection.

As a result, IIROC is seeking comment on an illustrative proposal that would allow firms and individuals to conduct, under IIROC’s regulatory oversight, a business that is limited to mutualfunds and exchange-traded funds.

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