Appendix A – Template report for a Dealer to use for reporting to IIROC under section 4756 when the Dealer’s quarterly compliant trade percentage is less than 90%

Report for Sub-Standard Quarterly Compliant Trade Percentage

Question

Answer

1. Calendar quarter period covered:

dd/mm/yyyy to dd/mm/yyyy

2. Name of Dealer:

 

3. CDS Participant CUID (if applicable):

 

4. Name of report preparer:

 

5. Title of report preparer:

 

6. Phone number of report preparer:

 

7. E-mail of report preparer:

 

8. Did the Dealer suppress trade confirmations under section 3816 for broker-to-broker non-exchange trades for the calendar period covered?

Yes or No

9. Exhibit A - Broker-to-broker non-exchange trade statistics for the quarter:

a. Quarterly compliant trade percentage (%)

b. # of compliant trades

c. # of DK trades

d. # of total trades

10. Exhibit B - Reasons for not meeting the quarterly compliant trade percentage threshold of 90%:

 

11. Exhibit C - Action plan to improve the Dealer’s quarterly compliant trade percentage:

 

Notes and Instructions - Report for Sub-Standard Quarterly Compliant Trade Percentage

Purpose of the report

The purpose of the Report for Sub-Standard Quarterly Compliant Trade Percentage (the report) is to assist a Dealer in meeting its broker-to-broker trade reporting requirements under section 4756, Trade matching quarterly compliant trade percentage, if the Dealer’s quarterly compliant trade percentage is less than 90%.

Submission of the report

If a Dealer’s quarterly compliant trade percentage is less than 90%, the Dealer must submit the report via e-mail to IIROC at [email protected] within two business days of receiving its individual quarterly trade matching summary report. The report submitted to IIROC must be in a form similar to the report provided and it must include the reason or reasons for the non-compliance during the quarter, its action plan to improve its compliant trade percentage and the expected time it will take resolve the problem.

Questions about the report

If you have any questions, please contact your IIROC Financial & Operations Compliance manager or IIROC Member Regulation Policy staff. For submission-related technical questions, please contact IIROC’s Financial and Operations Compliance Department at [email protected].