Yesterday, the Investment Industry Regulatory Organization of Canada (IIROC) released a notice providing information on exemptions granted in 2011. Ultimately, IIROC granted a total of 66 exemptions last year, most of which were related to requests by a Participant to act as a principal or agent in respect of a trade that would be completed off-marketplace. The exemptions covered by the notice, however, do not include those related to proficiency or other registration requirements. For more information, see IIROC Notice 12-0166.
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