The Mutual Fund Dealers Association of Canada - predecessor to CIRO.
The MFDA was the SRO that regulated mutual fund dealers (excluding Quebec) until December 31, 2022. It amalgamated with IIROC on January 1, 2023, and the combined SRO took the CIRO name on June 1, 2023. Under CIRO, mutual fund dealers follow the Mutual Fund Dealer Rules, separate from the IDPC Rules that govern investment dealers.
Predecessor SRO archives; CIRO transition documents
CIRO
The Canadian Investment Regulatory Organization, created January 1, 2023 when IIROC and the MFDA amalgamated; named CIRO June 1, 2023.
CIRE
Canadian Investment Regulatory Exam, the entry-level CIRO exam.
CSA (Canadian Securities Administrators)
Umbrella organisation of Canada's 13 provincial/territorial securities regulators.
Canadian Investor Protection Fund (CIPF)
Investor protection fund covering client property at CIRO investment dealers and mutual fund dealers up to $1 million per account category.
NI 31-103
National Instrument on Registration Requirements, Exemptions and Ongoing Registrant Obligations.
Ontario Securities Commission (OSC)
Ontario's provincial securities regulator and the largest CSA member by market participants.
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