Notice of BCSC non-objection to proposed amendments to the New SRO’s Investment Dealer and Partially Consolidated Rule 5900 and Form 1

Notice of BCSC non-objection to proposed amendments to the New SRO’s Investment Dealer and Partially Consolidated Rule 5900 and Form 1
New Self-Regulatory Organization of Canada - Notice of Implementation - Amendments to the IDPC Rules and to IDPC Form 1 regarding the floating index margin rate methodology
New Self-Regulatory Organization of Canada - Amendments to the IDPC Rules and to IDPC Form 1 regarding the floating index margin rate methodology - Blackline copy of the Amendments to IDPC Rules - Appendix B
New Self-Regulatory Organization of Canada - Amendments to the IDPC Rules and to IDPC Form 1 regarding the floating index margin rate methodology - Blackline of the Amendments to IDPC Form 1 - Appendix D

This notice announces the BCSC's non-objection to amendments to New SRO's Investment Dealer and Partially Consolidated Rule 5900 and Form 1 regarding the floating index margin rate methodology applicable to qualifying Canadian and U.S. index products. The purpose of the amendments is to reduce procyclicality in New SRO's floating index margin rate methodology.

The amendments come into effect on August 8, 2023.

Published: May 18, 2023