The rules would explicitly require firms to resolve material conflicts of interest in the best interest of their clients
The heads of the MFDA and IIROC squared off on the future of SROs
Organization proposes synchronizing clocks to UTC
Industry weighs in on proposed changes announced in July
The proposals are out for comment until Dec. 4
The SRO published its annual report on Tuesday
The new guidance applies to order-execution-only firms
Materials were sent out Aug. 23
The change is intended to make the organization's rules easier to understand
The firm had been in early warning over its capital position since June