Investor Alert:

CIRO is warning Canadian investors not to be fooled by fraudsters impersonating CIRO to launch investment recovery scams.

Rules and Enforcement

Investment Dealer and Partially Consolidated Rules

The Investment Dealer and Partially Consolidated Rules govern the activities of investment dealer firms.

Investment Dealer and Partially Consolidated Rules

Mutual Fund Dealer Rules

The Mutual Fund Dealer Rules govern the activities of mutual fund dealer firms.

Mutual Fund Dealer Rules

Universal Market Integrity Rules

The Universal Market Integrity Rules (UMIR) set out the requirements applicable to CIRO Participant Members, Access Persons and Marketplaces for securities-related trading activities on all marketplaces that we regulate.

Universal Market Integrity Rules

By-Law No. 1

The By-law sets out the constitution for CIRO and the general operating structure for CIRO and its Members, including:

  • The affairs of the corporation including its public interest mandate
  • powers and duties of the Board of Directors and it committees
  • conditions of membership
  • members’ meetings
  • Regional Councils and District Hearing Committees

By-Law No. 1 (PDF)

Interim Fee Model Guidelines Applicable to Investment Dealer Members and Marketplace Members (PDF)

Interim Fee Model Guidelines for Mutual Fund Dealers

Integration Cost Recovery Fee Model Guideline (PDF)

For all documents pertaining to the Canadian Investment Regulatory Organization, including rule book black lines, please visit the CSA CIRO Document Directory.