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ARTICLE · 12 MAY 2023

New SRO Blossoms With Its New Name

Borden Ladner Gervais LLP
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As of January 1, 2023, the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) came together as the New Self-Regulatory Organization...

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As of January 1, 2023, the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) came together as the New Self-Regulatory Organization of Canada (New SRO). The newly amalgamated organization advised that New SRO would be an interim placeholder name until consultations could be completed for a new official name later in 2023.

On March 31, 2023, the New SRO released the much-anticipated proposal for its new official name, the Canadian Investment Regulatory Organization (CIRO) or Organisme canadien de réglementation des investissements (OCRI) in French. The new name also comes with a new logo and branding. According to the information circular, the New SRO believes the new name will resonate with all stakeholders and foster a strong sense of confidence in the New SRO's mission.

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