Canada:
IIROC Issues Draft Guidance Respecting Average Price Disclosure On Trade Confirmations
01 October 2013
Stikeman Elliott LLP
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Earlier this week, the Investment Industry Regulatory Organization
of Canada (IIROC) released proposed guidance intended to
consolidate previously-issued guidance respecting marketplace and
average price trade disclosure on trade confirmations. The proposed
guidance also seeks to clarify acceptable average price disclosure
language for use on trade confirmations.
Comments on IIROC's proposal is being accepted until
November 8, 2013. For more information, see IIROC Notice 13-0241.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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