Re: Capital Market Modernization Taskforce Proposal

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Issue Date

2020-09-09

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Authors

Lokanan, Mark
Liu, Susan
Sharma, Kush
Masannagari, Navya

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Abstract

Thank you for the opportunity to comment on the Capital Markets Modernization Taskforce (Taskforce) proposal. Our research team has done extensive scientific research on both the Investment Dealers Association of Canada (IDA) and its successor the Investment Industry Regulatory Organizations of Canada (IIROC). Twelve years of research on the IDA and IIROC' s enforcement of complaints provided valuable insights for our comments on the Taskforce’s proposal. Our comments will be limited to the IIROC’s enforcement and investors’ protection mandate.

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