IIROC has published guidance on the establishment and operation of price thresholds by Canadian marketplaces to further reduce short-term, unexplained price volatility.
On July 28, 2015, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Amandeep Gill.
Scotia Capital has agreed to a $500,000 IIROC fine over the conduct of its subsidiary, DWM Securities, now known as HollisWealth.
On July 7, 2015, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Geraldine Mannings.
On July 20, 2015, a hearing panel of the Investment Industry Regulatory Organization of Canada accepted a settlement agreement, with sanctions, between IIROC staff and Zhenyu Li.
IIROC is releasing proposed amendments to the Universal Market Integrity Rules (UMIR) for comment, to align with a proposal by CSA that clarifies the interpretation of a protected order.
On April 16, 2015, an IIROC hearing accepted the settlement agreement, including penalties, entered into between IIROC staff and Daniel Siska.
Paul Riccardi, IIROC’s senior vice president of member regulation, is moving to ScotiaBank.
Regulators are paying increasing attention to firms’ compliance structures.
