TORONTO, Sept. 25, 2023 /CNW/ – The Canadian Funding Regulatory Group (CIRO) in the present day launched its first Annual Report. Along with delivering on its core mandate of investor safety and market integrity, CIRO outlined the numerous progress made on its first yr Priorities the report additionally highlights how the group has continued to help Canadians by defending buyers, fostering wholesome Canadian capital markets, and prioritizing trade transformation.
That is the primary Annual Report for the reason that amalgamation of the Mutual Fund Sellers Affiliation of Canada (MFDA) and the Funding Business Regulatory Group of Canada (IIROC).
“To perform main structural reform within the regulatory sector from begin to end in three years is one thing to be pleased with,” stated Andrew J. Kriegler, President, and CEO of CIRO. “Inside the guardrails of sturdy investor safety, we wish to give corporations extra flexibility in find out how to construction themselves to serve their purchasers, not much less and to make it simpler and easier for Canadians to entry monetary recommendation.”
Highlights of the report embody:
- CIRO’s first three dual-registered corporations, with extra within the pipeline
- Standing up of the Workplace of the Investor and Investor Advisory Panel
- Updates on strategic planning, integration efforts, compliance, and enforcement
“As we proceed to make progress on our main milestones, we’re additionally transferring ahead with a better sense of who we’re, as a brand-new group,” stated Kriegler. “The actual work of integrating two groups and two regulatory fashions is simply starting, and I’m excited to see the place we’re a yr from now.”
The Canadian Funding Regulatory Group (CIRO) is the nationwide self-regulatory group that oversees all funding sellers, mutual fund sellers and buying and selling exercise on Canada’s debt and fairness marketplaces. CIRO is dedicated to the safety of buyers, offering environment friendly and constant regulation, and constructing Canadians’ belief in monetary regulation and the folks managing their investments. For extra data, go to www.ciro.ca.
SOURCE Canadian Funding Regulatory Group (CIRO)
For additional data: Sean Hamilton, Director, Public Affairs and Member Training Providers, CIRO, Phone 647-308-6497, Electronic mail