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Traders on CIBC trading floor.
Traders on CIBC trading floor.

IIROC tweaks plans for proposed bond-trading surveillance system

Canada’s securities industry watchdog had made changes to its proposed new rules for bond trading that aim to increase industry transparency.

The Investment Industry Regulatory Organization of Canada said Thursday that it is looking for comment on changes to the new reporting requirements it plans to impose on banks and securities firms. It first introduced the changes last year.