IIROC publishes registration reform FAQs
On March 12, the Investment Industry Regulatory Organization of Canada (IIROC) published a Rules Notice (the FAQ) addressing frequently asked questions regarding IIROC's registration reform related rule amendments, as well as the impact of National Instrument 31-103 Registration Requirements (NI 31-103) and related instruments on Dealer Members. IIROC's registration reform related rule amendments and NI 31-103 became effective September 28, 2009. The questions addressed in the FAQ were compiled from questions raised at various registration reform workshops hosted by IIROC in 2009. The FAQ covers issues such as NRD filing requirements, reinstatements, new NRD functionality, passport applications, category selection, proficiency requirements, termination notices and the business trigger.
