IIROC survey shows support for protecting vulnerable clients, while CSA suggests best practices
They take effect in September
Committee applications due July 5
Regulator plans to work with provincial regulators and step up efforts to protect vulnerable investors such as seniors
The assets may not fall under the jurisdiction of traditional securities regulators
The move is intended to reduce the compliance burden for IIROC firms
Group says cryptoassets should be subject to the same regulatory principles as traditional securities
Firm seeks approval from OSC on regulated market for digital assets
Octagon Capital was suspended in 2015 after IIROC found it to be capital deficient
BCSC report warns of liquidity, security and volatility risks; IIROC assembles crypto working group