Regulatory Alerts2022-12-15
Draft Amendments to Policy Statement to Regulation 24-101 respecting Institutional Trade Matching and Settlement
The regulator issues draft amendments to Policy Statement to Regulation 24-101 to align institutional trade matching and settlement requirements with updated IIROC Rules. Key changes include accelerating the trade matching deadline from T+1 noon to T 9 p.m. Eastern Time and replacing T+2 settlement references with T+1. The amendments also repeal outdated sections, update specific rule citations, and modify confidentiality and information reporting provisions to reflect current regulatory standards.
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