Today, IIROC re-published for comment proposed amendments to the universal market integrity rules (UMIR) and the dealer member rules (DMR) that would consolidate existing UMIR best execution requirements and DMR requirements for fair pricing of over-the-counter (OTC) securities into a single rule on best execution.

IIROC originally published amendments relating to best execution on December 10, 2015, and received 10 comment letters.

Further comments are requested on all aspects of the proposed amendments until December 12, 2016.