As we've discussed in the past, the Investment Industry Regulatory Organization of Canada is currently undertaking a project to rewrite its rules in plain language. To that end, today IIROC published for comment proposed Dealer Member Rules 7200 through 7300, relating to debt markets and inter-dealer bond brokers. According to IIROC, the proposed rules are intended to consolidate and clarify existing rules and do not contain any substantive amendments. For more information, see IIROC Notice 11-0164.