IIROC defers implementation date of reporting of failed trades

Posted on February 27, 2009

The Investment Industry Regulatory Organization of Canada (IIROC) has announced the deferral of the implementation date of certain amendments to the Universal Market Integrity Rules (UMIR) requiring the reporting of trade variations and unresolved failed trades. IIROC published a notice on October 15, 2008 approving the amendments and the implementation date had been set for March 1, 2009.

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