Proposal revises conservative approach initially sought by IIROC regarding margin requirements for structured products.

The Canadian Investment Regulatory Organization (CIRO) is reviving a proposal by the Investment Industry Regulatory Organization of Canada (IIROC) aimed at providing clarity on margin requirements for structured products such as principal-protected notes (PPNs). The self-regulatory organization (SRO) is seeking comment on proposed rule changes first tabled by IIROC in 2021 (Notice 21-0032) regarding proposed amendments to the Dealer Member Rules and IIROC Rules that would allow margining of str

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