CANADA: Debt Market Regulation Fee Model Update

Wednesday October 14 2015

IIROC has submitted to its recognizing regulators for approval the Debt Market Regulation Fee Model (“Fee Model”) as proposed by IIROC Notice – 14-0291 – New Debt Market Regulation Fee Model issued on December 11, 2014.

IIROC will implement the Fee Model, if approved, on November 1, 2015, with monthly invoicing to commence, at earliest, in the first half of December 2015. A final Notice regarding approval by IIROC’s recognizing regulators will be published if approval is received. IIROC will also publish additional information concerning the implementation of the Fee Model before invoicing commences, including internal guidelines for its administration.

Click on the link above for further details.