The Canadian Investment Regulatory Organization (CIRO) will be issuing a mandatory data request to investment dealers and mutual fund dealers to provide detailed information on the investments held by their retail clients as December 31, 2026. More details on the...
CIRO released its Annual Public Priorities for Fiscal Year 2026 (April 1, 2025 to March 31, 2026). The Annual Priorities CIRO is focused on are developed across three key themes: Integration, Regulatory Delivery and Operations and Strategic Objectives. CIRO’s 2026...
Investor advocates are calling on Canadian Securities Administrators (CSA) regulators to ban advisor chargebacks and revise the principal distributor model in Canada’s mutual fund market. Principal distributors are investment dealers that receive exclusive rights to...
The Ontario Securities Commission (OSC) published OSC Rule 81-510, replacing temporary exemptive relief of continued payment of trailing commission rebates to investors in accounts held at order-execution only (OEO) dealers. The Rule permits the continued payment for...
Effective April 1, 2025. The Nova Scotia government has introduced a new Life Income Fund (LIF) and has made modifications to unlocking policies affecting Locked-In Retirement Accounts (LIRAs) and Life Income Funds (LIFs). Individuals transferring funds to a life...
CIRO set out the fifth, and final, set of proposed rule changes as part of its ongoing project to harmonize the rules for fund dealers and investment dealers. The latest set of rule proposals covers client complaint handling, outsourcing arrangements, continuing...
