IIROC reminder of implementation date for trade variation reporting
As we discussed in our post of March 1, IIROC has set June 1st as the date on which requirements to report trade variations and cancellations, as well as extended failed trades, will take effect. Yesterday, IIROC published reminders (notice on trade variations and cancellations and notice on extended failed trades ) of the requirements' impending implementation. The relevant notices also provide answers to a number of questions respecting the new obligations.
For more information, see IIROC Notice 11-0160 and Notice 11-0161.
