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Regulator Performance Overview
580
97
18
23
2
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
High
Tier 1
Investment Dealer Registration
CAD 50000-100000+
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
Effectiveness of regulatory framework and enforcement
This regulator shows excellent performance with an overall score of 97.
Strongest performance in Regulatory
Transparency Level: high
Global Tier: tier1
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Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
North Korea - Iran - other sanctioned countries
Canada
Canada - North America - some global clients
North Korea - Iran - other sanctioned countries
Retail Agency (STP); Market Maker (Principal); Provide Liquidity (PoP)
Online portal available (Yes (CIRO Report))
OBSI
1:49
2 instruments
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Access to international regulatory standards, cooperation frameworks, and best practices
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
The Canadian Investment Regulatory Organisation (CIRO) is Canada's national self-regulatory body, overseeing all investment dealers, mutual fund dealers, and trading marketplaces for all forms of debt and equity in Canada. CIRO was formed to address Canada's fragmented investment oversight structure to monitor all areas of investment.
CIRO incorporated the duties of two former regulators - the Investment Industry Regulatory Organisation of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA).
From its inception, CIRO brought two regulatory obligations and enforcement under one umbrella organisation. In doing so, CIRO will provide uniform supervision and efficient enforcement, while fulfilling its mission to protect investors, foster confidence in financial markets, and enable the accurate and effective management of Canadians' investments.
Bond, Stocks
Brokers authorized and regulated by this authority
United Kingdom
Canada
Hong Kong
United StatesUnited States+4 more licensesCanadaCanadaCanadaCanadaCanadaCanadaCanadaCanadaCanadaCanada
