In 2023, the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) were combined to form a new entity: the Canadian Investment Regulatory Organization (CIRO).
The independent review of OBSI is in - and it feeds a bigger shift for advisers
SIMA's July 2026 submission calls for CERTS as the prescribed reporting system and individual-level CE accountability
Proposed rule changes would end a long-standing gap in compensation structure between mutual fund and investment dealer advisors across Canada
The board has hired Russell Reynolds to lead the search for a successor
Settlement also comes with $45,000 in financial penalties
Regulators preserve embedded fees and self‑regulation to protect limited advice for small accounts
Penalty order follows conviction in case affecting over 25,000 investors
A CIRO hearing panel approved a settlement imposing an $18,000 fine for Mutual Fund Dealer violations
CIRO's compliance report outlines regulatory changes, risk assessments, and integration efforts for 2025
Firm discovered the wrongdoing during a routine review
