4455. Mail insurance

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    1. A Dealer Member must have mail insurance that covers 100% of losses from any outgoing shipments of negotiable or non-negotiable securities by registered mail.

    2. If a Dealer Member delivers a written promise to IIROC that it will not use registered mail for outgoing shipments of securities, IIROC may exempt the Dealer Member from the requirement in subsection 4455(1).

    There is no history log for this rule.