The Canadian Investment Regulatory Organization (CIRO) is harmonizing rules for mutual fund and investment dealers and aiming to establish the structure for a new harmonized rule book. CIRO is facing push back on proposals allowing fund dealers to offer...
Ontario’s financial services regulator, the Financial Services Regulatory Authority (FSRA), has introduced a significant second amendment to the Unfair or Deceptive Acts or Practices (UDAP) Rule. The amendment’s objective is to offer stronger protection...
The Financial Services Regulatory Authority of Ontario (FSRA) is tightening test-taking procedures, in the wake of reports of exam cheating. The new test procedures will align with national best practices. FSRA will also introduce tougher consequences for individuals...
CIRO issued a Position Paper which analyses policy options for leveling the compensation playing field between Approved Persons. The current CIRO rules applicable to mutual fund dealers and investment dealers currently take different approaches to directed commission...
The Financial Services Regulatory Authority of Ontario, (FSRA) has approved the Canadian Investment Regulatory Organization, (CIRO) as a credentialing body under Ontario’s Financial Professionals Title Protection Act, 2019, (FPTPA). CIRO now has the authority to...
The Office of the Superintendent of Financial Institutions, (OSFI) will be working more closely with The Financial Transactions and Reports Analysis Centre of Canada, (FINTRAC) as digitization and the more integrated global economy lead to higher risks of money...
