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Welcomed Amendments to Net Asset Value Orders And Intentional Crosses

October 18, 2024 by Public Affairs

The IIAC supported CIRO’s proposed amendments to Universal Market Integrity Rules (UMIR) respecting net asset value orders and intentional crosses. The amendments are a required step to update regulation to reflect current market structure and business processes. Impacted transactions will be institutional. The IIAC provided further input to help finalize these positive developments. 

For all inquiries please contact CFFiM Public Affairs.

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