Manitoba Securities Commission Staff Notice 2022-22
Investment Industry Regulatory Organization of Canada (IIROC) - Approval of the IIROC Application regarding the IIROC Restricted Fund
October 27, 2022 The Manitoba Securities Commission (MSC) issued an order pursuant to section 31.1(4) of the Securities Act (Manitoba) and section 14 of the Commodity Futures Act (Manitoba) to allow the Investment Industry Regulatory Organization of Canada (IIROC) limited access to the IIROC Restricted Fund in order to cover certain external advisor costs incurred by IIROC in relation to the creation of the New SRO in accordance with subparagraph 8 (a)(iv) of Appendix A of the IIROC Recognition Order.
The order takes effect on October 27, 2022 and is published on the MSC website. In addition, the British Columbia Securities Commission; the Alberta Securities Commission; the Financial and Consumer Affairs Authority of Saskatchewan; the Financial and Consumer Services Commission of New Brunswick; the Nova Scotia Securities Commission; the Ontario Securities Commission; the Prince Edward Island Office of the Superintendent of Securities Office; Office of the Superintendent of Securities, Northwest Territories, Office of the Superintendent of Securities, Nunavut and Office of the Yukon Superintendent of Securities issued analogous approvals.
Please refer any questions to: Paula White Deputy Director, Compliance and Oversight Manitoba Securities Commission 204-945-5195 paula.white@gov.mb.ca