On January 1st of this year, the amalgamation of investment
industry self-regulatory organizations, the Investment Industry
Regulatory Organization of Canada ("IIROC") and the
Mutual Fund Dealers Association of Canada ("MFDA") became
official. However, despite this amalgamation being in the works for
months or years (and it was discussed for much longer than that),
the new self-regulatory organization did not have a name –
until now. On April 24, 2023, the New Self-Regulatory Organization
announced that, effective June 1,
2023, it will be known as the Canadian Investment Regulatory
Organization or CIRO. It will even have a new website –
www.ciro.ca (Although that domain name appears to still be inactive
and unassigned, so don't try to visit it yet!).
