2021
2020
2019
2024
2023
2022
Timeline
The recent journey to SRO reform
November 18, 2021 – CSA, IIROC, and MFDA
agree to pursue creation of one SRO
August 3, 2021 – CSA position paper
June 5, 2020 – CSA consultation paper on the SRO framework
June 1, 2023 – New name takes effect
April 24, 2023 – Membership ratifies a new name: Canadian Investment Regulatory Organization (CIRO)
January 3, 2023 – New SRO launches
January 3, 2023 – New Canadian Investor Protection Fund (CIPF) launches (merger of MFDA Investor Protection Fund and Canadian Investor Protection Fund), with new President and CEO Toni Ferrari
November 24, 2022 – New SRO recognized as a self-regulatory organization by the CSA and New CIPF approved or accepted as a compensation/contingency fund by the applicable CSA members
June 27, 2022 – CEO of new SRO announced
May 12, 2022 – CSA publishes draft recognition orders, rules, and oversight memorandum of understanding
May 12, 2022 – New SRO board named
December 12, 2019 – CSA commences
in-depth review
September 29, 2022 – SRO member dealers approve amalgamation into new SRO