2222. Letter of resignation and supporting documents

A resigning Dealer Member must state its reasons for resigning in its resignation letter and file the following supporting documents with IIROC:
1. audited financial statements indicating the Dealer Member has liquid assets sufficient to meet its outstanding liabilities other than subordinated loans, and
2. a report from the Dealer Member’s auditor indicating that all client accounts and assets have been transferred to another Dealer Member or returned to the clients.

Guidance/Notices

There is no history log for this rule.

Disciplinary History

There is no history log for this rule.

Jump to another section in Rule 2200

2201. Introduction

2202. Business locations

2205. Holding companies

2206. Related companies

2207. Approval as an order execution only account services provider

2215. Business other than securities

2216. Shared office premises

2220. Introduction

2221. Notice of intention to resign

2223. Acquisition and resignation

2224. Amalgamation of Dealer Members

2225. Amalgamation with a non-Dealer Member

2226. Effective date of resignation

2227. Payment of IIROC fees

2228. Inactive Dealer Members

2245. Introduction

2246. Dealer Member’s notice of changes to IIROC

2247. IIROC informs Dealer Member about review when necessary

2248. District Council reviews proposed changes

2265. Introduction

2266. Branch office members

2267. Branch office member’s representation

2280. Introduction

2281. Trade names

2282. IIROC notification

2283. Displaying the full legal name

2284. Membership disclosure requirements of the Canadian Investor Protection Fund for Dealer Members

2285. Membership disclosure requirements of IIROC for Dealer Members