11.3 Review or Appeal of Market Regulator Decisions

    Any person directly affected by any direction or decision of a Market Integrity Official or a Market Regulator made in connection with the administration of UMIR shall request a review of the direction or decision by an executive officer of the Market Regulator prior to applying to the applicable securities regulatory authority for a hearing and review or appeal.

    Defined Terms:

    NI 14-101 section 1.1(3) – “securities regulatory authority”

    UMIR section 1.1 – “ “Market Integrity Official”, “Market Regulator” and “UMIR”

    UMIR section 1.2(2) – “person”

    There are no related Guidance/Notice documents available for this Rule.

    Regulatory History:

    In connection with the recognition of IIROC and its adoption of UMIR, the applicable securities commissions approved an amendment to repeal and replace Rule 11.3 that came into force on June 1, 2008.  See Footnote 1 in Status of Amendments.

    There is no history log for this rule.
    Part 1 - Definitions and Interpretation
    Part 2 - Abusive Trading
    Part 3 - Short Selling
    Part 4 - Frontrunning
    Part 5 - Best Execution Obligation
    Part 6 - Order Entry and Exposure
    Part 7 - Trading in a Marketplace
    Part 8 - Principal Trading
    Part 9 - Trading Halts, Delays and Suspensions
    Part 10 - Compliance
    Part 11 - Administration of UMIR