Rule Consolidation Project

On January 1, 2023, the Canadian Investment Regulatory Organization (CIRO) (formerly the New Self-Regulatory Organization of Canada) commenced operations. One of the initial CIRO priorities is to consolidate:

  • the rules applicable to investment dealers, the CIRO Investment Dealer and Partially Consolidated (IDPC) Rules and
  • the rules applicable to mutual fund dealers, the CIRO Mutual Fund Dealer (MFD) Rules

into one set of consolidated rules applicable to both investment dealers and mutual fund dealers.

The Consolidated Rule Project is being pursued in phases. A phased approach is being used (as opposed to a “big bang” approach) to minimize the amount of stakeholder disruption that will be caused during the development and implementation of the new consolidated rules.

Publications

Rule Consolidation Project Update

Rule Consolidation Project – Phase 1

    Comment Letters

    Rule Consolidation Project – Phase 2

      Comment Letters

      Rule Consolidation Project – Phase 3