Canadian_Investment_Regulatory_Organization
Canadian Investment Regulatory Organization
Canadian self-regulatory organization for investments
The Canadian Investment Regulatory Organization (CIRO; Organisme canadien de réglementation des investissements or OCRI in French) is a non-profit, national self-regulatory organization (SRO). Established through the merger of the Investment Industry Regulatory Organization of Canada (IIROC) and Mutual Fund Dealers Association (MFDA) on January 1, 2023,[3] CIRO oversees all investment dealers, mutual funds and trading activity on debt and equity markets in Canada.
The organization sets regulatory and investment industry standards and has quasi-judicial powers in that it holds enforcement hearings and has the power to suspend, fine and expel members and their representatives.[4]