Further Issues To Consider From IIROC's Compliance Report

IIROC recently released its annual compliance report, which we discussed last week, highlighting the results of recent compliance reviews and setting out key priorities for the next year.

Below is a more detailed discussion highlighting certain aspects of that report.

Social Media

According to IIROC, dealers are expected to have robust policies and procedures for communicating with clients and the public through advertisements and sales literature, including through social media. According to the compliance report, IIROC intends to review dealers' social media policies and procedures over the course of the next year, with the results contributing to the development of policy in this area.