Alert:
A nationwide postal strike or lockout may occur as early as November 3, 2004. Dealer Members must take steps to ensure that document delivery requirements prescribed under CIRO Rules continue to be met.
IIROC has updated the fee model guidelines (Guidance) to reflect implementation of the Interim Fee Model as part of the Amalgamation with the Mutual Fund Dealers Association of Canada (MFDA) to form the New Self-Regulatory Organization of Canada (New SRO).
This Interim Fee Model is applicable to Investment Dealer Members and Marketplace Members of the Corporation. The Corporation is the corporation continuing from the amalgamation effective January 1, 2023 of IIROC and the MFDA.
This update will be effective as of January 1, 2023 and include the key updates below:
This Notice replaces the IIROC Fee Model Guidelines, Notice 21-0238 published on December 15, 2021.
Appendix C shows the changes made to the Fee Model Guidelines published in December 2021.
The Interim Fee Model applicable to Mutual Fund Dealer Members is included in Rule 8 Membership Matters of the Mutual Fund Dealer Interim Rules and summarized in MFDA Bulletin #0920-M published on November 24, 2022.
For more information on the fee models, please contact:
Laura McNeil
Chief Financial Officer
121 King Street West, Suite 2000
Toronto, ON M5H 3T9
[email protected]