IIROC Rule Service subpara. Listed Price goes Price goes provider/data Manual/ traders 200.1(c)(i) Daily 35 Equities to ND to $0 vendor (A) (see Note 2) Common shares Equity (includes equity mutual funds, Other ETFs, CEFs, IRVs) Manual/ Equities Rights traders/term (i.e., not Warrants sheet/price IIROC Rule traded on Units (bundled stock and warrants, etc.) Service subpara. exchange, Trust units (includes units structured under goes Price goes provider/data 200.1(c)(i) Daily 365 but has trust deed but excludes REITs) prospectus/ to ND to $0 vendor (C) (see Global Limited partnership units (LPUs) offering Note 2) identifier, Installment receipt memorandum/ Subscription receipt duration for e.g., CUSIP, Real estate investment (REIT) rights ISIN, SEDOL) Flow-through shares Other equities (temp. for new products) Private IIROC Rule Private non-publicly traded shares; may not securities Service subpara have secondary market; private Manual (also goes Price goes (i.e., no provider/data 200.1(c)(ii) Daily 365 placements, private equity funds, see above) to ND to $0 Global vendor or (iii) (see CCPCs/qualified small business corps.) identifier) Note 2) Physical commodities Manual (also IIROC Rule Segregated funds see above); subpara. Leveraged investments (split capital shares, structured 200.1(c)(i) leveraged ETFs and Inverse ETFs) Service products remain (A), (B), (C), Alternative Derivatives (forwards, futures, options, Price goes Price goes provider/data a problem as (D) (see Daily 35 investments to ND to $0 vendor none of the Note 2); Hedge funds traders apply a 200.1(c)(ii) Structured products (includes ETNs, premium to the or principal-at-risk notes (PRNs), PPNs) price 200.1(c)(iii) Other alternative investments (temporary) new products)
Listed Equities Service provider/data vendor Manual/ traders IIROC Rule subpara. 200.1(c)(i) (A) (see Note 2) Daily 35 Price goes to ND Price goes to $0 Other Equities (i.e., not traded on exchange, but has Global identifier, e.g., CUSIP, ISIN, SEDOL) Common shares Service provider/data vendor Manual/ traders/term sheet/price prospectus/ offering memorandum/ duration for rights IIROC Rule subpara. 200.1(c)(i) (C) (see Note 2) Daily 365 goes to ND Price goes to $0 Equity (includes equity mutual funds, ETFs, CEFs, IRVs) Rights Warrants Units (bundled stock and warrants, etc.) Trust units (includes units structured under trust deed but excludes REITs) Limited partnership units (LPUs) Installment receipt Subscription receipt Real estate investment (REIT) Flow-through shares Other equities (temp. for new products) Private securities (i.e., no Global identifier) Private non-publicly traded shares; may not have secondary market; private placements, private equity funds, CCPCs/qualified small business corps.) Service provider/data vendor Manual (also see above) IIROC Rule subpara 200.1(c)(ii) or (iii) (see Note 2) Daily 365 goes to ND Price goes to $0 Alternative investments Physical commodities Service provider/data vendor Manual (also see above); structured products remain a problem as none of the traders apply a premium to the price IIROC Rule subpara. 200.1(c)(i) (A), (B), (C), (D) (see Note 2); 200.1(c)(ii) or 200.1(c)(iii) Daily 35 Price goes to ND Price goes to $0 Segregated funds Leveraged investments (split capital shares, leveraged ETFs and Inverse ETFs) Derivatives (forwards, futures, options, Hedge funds Structured products (includes ETNs, principal-at-risk notes (PRNs), PPNs) Other alternative investments (temporary) new products)
SAMPLE-Market-Valuation-Aging-Matrix-by-IIAC-Asset-Class-Example-only1.docx