On September 6, the Investment Industry Regulatory Organization of Canadaannounced that it will be implementing, as of October 1, 2013, amendments to its Dealer Member Rules in respect of trade related correspondence to clients and trade matching practices. The amendments are ultimately intended to promote compliant trade matching practices and eliminate the sending of duplicative trade related correspondence to clients.

As we discussed in a December 2012 post, the OSC approved the amendments late last year. For more information, see IIROC Notice 13-0231.