The Investment Industry Regulatory Organization of Canada (IIROC) has published the latest edition of its proposed plain language rulebook for a second round of comments.

IIROC began a project to rewrite its dealer rules in plain language, while also reorganizing and rationalizing the rules, in 2008. Various sections of the rules were published in tranches over time, and a complete version was issued last year.

Now, the self-regulatory organization is publishing a revised edition of the proposed rules, which incorporates some of the comments received on the initial publication, along with changes based on IIROC’s own internal review, and feedback from the Canadian Securities Administrators (CSA).

The current publication also includes the consolidated enforcement rules, which took effect last year, but are not up for revision.

The deadline for comments on the latest edition is May 12.

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