The Canadian Investment Regulatory Organization’s (CIRO) Investor Advisory Panel, (IAP) published its 2024-2025 Annual Report highlighting its work on behalf of Canadian investors and CIRO. Composed of experts from across Canada, the IAP advises CIRO on...
The Canadian Investment Regulatory Organization (CIRO) released its 2025 Annual Report, highlighting progress on integration and its three-year Strategic Plan. Highlights include: new enforcement powers granted in Ontario, Québec passing Bill 92, transferring more...
The Canadian Securities Administrators (CSA) have extended the deadline for submitting feedback on a consultation regarding the introduction of binding authority at the Ombudsman for Banking Services and Investments (OBSI). Allowing an additional two weeks for input,...
The Ontario Securities Commission’s (OSC) final rules, establishing a framework to allow the OSC to distribute funds obtained through disgorgement orders to affected investors, came into effect on September 1, 2025. These new rules come as the OSC is increasingly...
CIRO is proposing amendments to the MFD Rules to explicitly include disgorgement provisions, aligning them with existing ID rules. This harmonization will support CIRO’s planned disgorgement distribution program in 2026. Comments are due by September 22, 2025, during...
The Ombudsman for Banking Services and Investments (OBSI) has announced five new commitments to improve how it calculates investor losses from unsuitable sales of illiquid exempt market securities. OBSI aims to make its loss calculation methods clearer, stronger, and...
