IIROC issues annual Exemption Report

TORONTO, March 16, 2015 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) today published its annual Exemption Report to outline exemptions granted to members from certain Dealer Member Rules and Universal Market Integrity Rules over the course of 2014.

The criteria for granting exemptive relief are specific and rigorously applied by IIROC in order to ensure investors are protected and the integrity of the capital markets is maintained. The full 2014 Exemption Report provides detailed summaries of why certain types of exemptions were granted.  

"The release of our annual Exemption Report highlights IIROC's ongoing commitment to transparency to our stakeholders," said Paul Riccardi, IIROC's Senior Vice President, Member Regulation.

This annual report complements a range of documents published regularly by IIROC to detail operational and regulatory activities, including IIROC's Annual Compliance Report, Enforcement Report, Annual Report and Strategic Plan. All reports can be accessed on IIROC's website at www.iiroc.ca.

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IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.  Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets. 

IIROC carries out its regulatory responsibilities by creating and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through the creation and enforcement of market integrity rules regarding trading activity on Canadian marketplaces.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News

Related Links

http://www.iiroc.ca