Date opened: July 16, 2020
Date closed: August 17, 2020
On June 24, 2020, the Board of Directors (the Board) of the Investment Industry Regulatory Organization of Canada (IIROC) approved the publication for comment of proposed amendments to Dealer Member Rule (DMR) subsections 100.2(j) and 100.2(k), and IIROC Rule section 5442 that would allow a grace period in applying the swap counterparty margin requirements (collectively, Proposed Amendments).
The main purpose of the Proposed Amendments is to address undue burden on the Dealer Member’s capital by making our Rules pertaining to margin grace period allowances more consistent and aligning with industry practice.
07/16/20Proposed Amendments to swap counterparty margin requirements
07/29/21Amendments to swap counterparty margin requirements