Canadian Investment Regulatory Organization (CIRO) - Notice of BCSC non-objection to proposed amendments to the Canadian Investment Regulatory Organization (CIRO) Investment Dealer and Partially Consolidated (IDPC) Rules and the IDPC Form 1 regarding margin requirements for structured products

CIRO - Notice of BCSC non-objection to proposed amendments to Canadian Investment Regulatory Organization (CIRO)’s amendments regarding Margin Requirements for Structured Products
CIRO - Amendments regarding margin requirements for structured products - Bulletin
CIRO - Amendments regarding margin requirements for structured products - Blackline copy of Amendments to IDPC Rules and Form 1 - Appendix A
CIRO - Amendments regarding margin requirements for structured products - Clean copy of Amendments to IDPC Rules and Form 1 - Appendix B
CIRO - Republication of proposed amendments regarding margin requirements for structured products - Board Resolution

This Notice announces the BCSC’s non-objection to amendments to IDPC Rules and IDPC Form 1 that allow qualifying structure products to be margin eligible. These amendments are to set a margin methodology for structured products which considers the different risk profiles of the two main structured product types: principal protected notes and principal at risk notes.

Published: February 22, 2024