Canada:
IIROC Adopts New Fee Models For Market And Dealer Regulation
09 April 2012
Stikeman Elliott LLP
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The Investment Industry Regulatory
Organization of Canada (IIROC) announced today that
it is adopting new fee models for market and dealer regulation
effective April 1, 2012. As
we discussed last month, the new fee
models, which allocate and recover IIROC's annual operating
cost on the basis of each function's cost drivers, were
approved by regulators earlier this year. Comprehensive fee model guidelines
were also published earlier this month. For more information, see
IIROC Notice
12-0085.
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