TSX group

Investment Industry Regulatory Organization of Canada (IIROC) provides the following services for TSX:

Administering and enforcing the Universal Market Integrity Rules (UMIR), and providing guidance on UMIR's application.
Monitoring and reviewing trade desk procedures of persons accessing the TSX trading system.
Imposing and lifting trading halts or delays relating to market integrity matters and coordinating halts or delays with other marketplaces.
Administering TSX's timely disclosure requirements.
As requested by TSX, investigating and enforcing suspected breaches of other TSX requirements.

TSX administers all other Exchange requirements, which include the following functions:

review of applications to become a Participating Organization;
review of applications to become a listed issuer;
review of applications for remote trader access;
review of applications for approved trader status;
business-related trading halts and suspensions;
administration of TSX-specific market quality rules and policies;
administration of corporate finance-related rules and policies;
development and enforcement of TSX timely disclosure requirements;
administration of TSX suitability standards for officers, directors and other insiders;
administration of rules and policies for registered traders on TSX.

Investment Industry Regulatory Organization of Canada (IIROC) provides the following services for TSX Venture Exchange:

Administering and enforcing the Universal Market Integrity Rules (UMIR), and providing guidance on UMIR's application.
Monitoring and reviewing trade desk procedures of persons accessing the TSX Venture's trading system.
Imposing and lifting trading halts or delays relating to market integrity matters and coordinating halts or delays with other marketplaces.
Administering TSX Venture's timely disclosure requirements.
As requested by TSX Venture, investigating and enforcing suspected breaches of other TSX Venture requirements.
Administering TSX Venture Policy relating to Unacceptable Trading practices by directors, senior officers and insiders.
Monitoring compliance with TSX Venture Policies relating to Investor Relations, Promotional and Market Making Activities (excluding the filing requirements for Tier 1 and Tier 2 issuers).
Monitoring compliance with TSX Venture Policies relating to Take-Over Bids, Insider Bids, Substantial Issuer Bids and Normal Course Issuer Bids.
Monitoring compliance with TSX Venture requirements pertaining to Sales from a Control Position.
Investigating and enforcing suspected breaches of TSX Venture Rule F pertaining to trading activity.
Providing monitoring and surveillance in respect of the Canadian Unlisted Board market.

TSX Venture Exchange administers, monitors compliance with and enforces all other Exchange requirements.