Alert:
A nationwide postal strike or lockout may occur as early as May 22, 2025. Dealer Members must take steps to ensure that document delivery requirements prescribed under CIRO Rules continue to be met.
Rule Consolidation Project – Phase 3
Summary/details:
The Canadian Investment Regulatory Organization (CIRO) is publishing for comment Phase 3 of its Rule Consolidation Project rule proposals. The Rule Consolidation Project will bring together the two member regulation rule sets currently applicable to investment dealers and to mutual fund dealers into one set of member regulation rules applicable to both categories of CIRO Dealer Members.
The objective of Phase 3 of the Rule Consolidation Project (Phase 3 Proposed DC Rules) is to adopt rules that are common to the IDPC and MFD Rules and have been assessed as not having a material impact on stakeholders.
The Phase 3 Proposed DC Rules involve the adoption of rules relating to:
- membership and member business activity approval matters,
- clearing and settlement of trades and trade delivery standards, and
- examination, investigation and enforcement rules.
Relevant documents:
Date opened: April 18, 2024
Date closed: July 17, 2024
Status: Closed
Bulletins about this consultation:
Welcome to CIRO.ca!
You can find the Canadian Investment Regulatory Organization (CIRO) at CIRO.ca with our fresh look and feel.
The following sections of the legacy mfda.ca and iiroc.ca sites have been migrated to ciro.ca:
- Enforcement
- Hearings
- Consultations
- A unified member directory (Dealers We Regulate)
- Advisor Report
We will continue moving items off MFDA and IIROC in 2024. Stay tuned for future updates.