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
Regulators stop short of going ahead with OBSI recommendations
Firm reported a negative capital position this month
IIROC and MFDA advisors could lose their licence if they act as an executor and/or beneficiary