Canada’s provincial and territorial securities regulators recognized the New Self-Regulatory Organization of Canada (New SRO) and approved the Canadian Investor Protection Fund (CIPF), effective January 1, 2023.

The New SRO subsequently changed its name to the Canadian Investment Regulatory Organization (CIRO) on June 1, 2023. CIRO consolidates the functions of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA). CIPF is the amalgamated entity, independent of CIRO, combining the former Canadian Investor Protection Fund and the MFDA Investor Protection Corporation.

• Updated CIRO recognition orders:  BC, AB, SK, MB, ON, QC, NB, NS, PE, NL, NU, NT, YT
• Updated memorandum of understanding among the recognizing regulators regarding the oversight of CIRO
• Link to CIRO website for the CIRO notice of approval/implementation of Bylaw and MFD rule amendments

For further details, please refer to the CSA Notices of approval, below, and related news release.