Canadian Investment Regulatory Organization (CIRO) – Request for Comments: Proposed Amendments Respecting Mandatory Close-Out Requirements

CIRO - Request for Comments - Proposed Amendments Respecting Mandatory Close-Out Requirements

The Canadian Investment Regulatory Organization (CIRO) is publishing, for a 90-day comment period, proposed amendments to UMIR and IDPC respecting mandatory close-out requirements. The purpose of the proposed amendments is to reduce settlement failures.

CIRO’s notice sets out the process for submitting comments.

Comment Period Expires: April 10, 2025

Published: January 9, 2025