Investor Alert:
CIRO is issuing a warning to Canadian investors regarding Canada Token Trade.
This Bulletin summarizes the significant activities and initiatives that the Canadian Investment Regulatory Organization (CIRO). CIRO will focus on during our fiscal year: April 2023 – March 2024 (FY24). These activities and initiatives take place in the context of post-amalgamation of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) which closed on December 31, 2022, creating New SRO on January 1, 2023.
In addition to the ongoing delivery of CIRO’s core mandate of investor protection and market integrity, we are focused on the following eight priorities:
This year’s priorities build off the work and previous priorities of the two legacy self-regulatory organizations, the MFDA and IIROC. CIRO will continue to work closely with the Canadian Securities Administrators (CSA) to deliver on our mandate.
Determine mission, vision, values, and brand for CIRO and develop our three-year strategic plan
Promote the investor perspective through the Office of the Investor and Investor Advisory Panel
Development of IAP workplan and delivery of mandate
We will support the Investor Advisory Panel (IAP) in the development of their workplan and delivery of their mandate. This includes providing education and guidance to Members and investors on key investor protection requirements in a number of areas including complaint handling, designating a trusted contact person and determining client risk profile. We will also engage in internal and external outreach to various stakeholders to discuss investor issues.
Conduct an investor survey
To help inform the strategic direction and future priorities of the Office of the Investor we will conduct an investor survey to gather data on their experiences and outcomes.
Launch a dedicated site for the Office of the Investor and Investor Advisory Panel
A dedicated section on the website will be developed for the Office of the Investor IAP to provide information relevant to the mandate of the office such as research and education materials.
For more information on CIRO, please visit www.ciro.ca.