Proposed Clarifying Amendments to Registration and Proficiency Requirements

Summary/details:

Canadian Investment Regulatory Organization (CIRO) is proposing amendments (Proposed Amendments) to improve the clarity of the registration and proficiency requirements in the Investment Dealer and Partially Consolidated Rules (IDPC Rules). More specifically, through the Proposed Amendments, we have:

  • refined the proficiency requirements in Rule 2600,
  • clarified redundant and ambiguous language in Rules 2500, 2600, 2700, and 3900, and
  • made consequential changes to cross-references and terminology arising from the foregoing changes.

We are publishing the Proposed Amendments for comment to clarify differing views on the interpretation of the requirements impacted by the Proposed Amendments.

Relevant documents:

Date opened: August 31, 2023

Date closed: October 2, 2023

Status: Closed

Bulletins about this consultation: