The Canadian Investment Regulatory Organization (CIRO) has released its annual Enforcement Report, outlining its enforcement activities over the past year, including complaint intake, investigations, and disciplinary proceedings involving dealers and approved persons who breached CIRO rules. Among the report’s key developments is the launch of a new Disgorgement Distribution Program.

SEE MORE

The Canadian Securities Administrators (CSA) is urging investment firms to strengthen their cybersecurity after a compliance review of 73 firms uncovered significant gaps. While larger firms generally had strong defences, the sweep found weaknesses in cybersecurity risk assessments, policies, staff training and incident response plans among many fund managers, portfolio managers and exempt-market dealers.

SEE MORE

FP Canada and the Rotman School of Management, University of Toronto, have launched the Financial Planning Business Essentials Program. The program combines financial planning technical education with business school instruction, meeting the education requirements for Certified Financial Planner (CFP) certification while building participants’ professional skills.

SEE MORE

Ontario will join the Canadian Securities Administrators’ (CSA) passport system, taking a long-awaited step toward harmonizing securities regulation across Canada. The change will improve capital market efficiency, reduce regulatory duplication and compliance costs, streamline interprovincial investment, and strengthen Canada’s integrated national capital market.

SEE MORE

The Canadian Investment Regulatory Organization (CIRO) has proposed rule changes to harmonize advisor compensation by allowing all client-facing advisors to receive compensation through an incorporated business. The proposal marks a key milestone in CIRO’s 2027 priorities and its three-year strategic plan. CIRO has opened the proposal for public comment until November 6, 2026.

SEE MORE

Effective July 4, 2026, under Law 16, Québec is updating financial sector regulation by introducing a new recognition order for the Chambre de l’assurance. Related changes to the Canadian Investment Regulatory Organization’s (CIRO) recognition order will transfer oversight of mutual fund dealer representatives to CIRO and scholarship plan dealer representatives to the Autorité des marchés financiers (AMF).

SEE MORE

The CSA has published final amendments introducing a voluntary Access Model for continuous disclosure documents. Effective September 22, 2026 (pending approvals), the model enables electronic delivery through SEDAR+ notifications while allowing investors to request paper or electronic copies.

SEE MORE

The Canadian Investor Protection Fund (CIPF) released its 2025 Annual Report, which is guided by the organization’s 2025-2027 Strategic Plan. The report outlines meaningful progress in protecting investors and supporting confidence in Canada’s capital markets.

SEE MORE

The Canadian Investment Regulatory Organization (CIRO) has updated its Fit and Proper Test guidance to reflect expanded delegation functions for investment dealers, mutual fund dealers, and associated individuals. The assessment evaluates registration suitability based on integrity, financial solvency, and competence.

SEE MORE

Approved Persons and former Approved Persons affiliated with CIRO Dealer Members, can obtain their registration records by submitting a Registration Record Request Form to CIRO Registration Staff. Individuals may also authorize direct delivery of their records to a Dealer Member as part of the firm’s recruitment process.

SEE MORE