Canadian Investment Regulatory Organization

Canadian Investment Regulatory Organization
L’Organisme canadien de réglementation des investissements
AbbreviationCIRO/OCRI
Formation2023
TypeOrganizations based in Canada
Legal statusactive
PurposeMonitors members for securities law compliance; enforces securities regulations through quasi-judicial proceedings
HeadquartersSuite 2600, Bay Adelaide North, 40 Temperance Street, Toronto, Ontario, Canada
Region served
Canada
Official language
English, French
CEO, President
Andrew J. Kriegler
Chair
Tim Hodgson
BudgetC$149.576M (FY 2024)
Websitewww.ciro.ca

The Canadian Investment Regulatory Organization (CIRO; Organisme canadien de réglementation des investissements or OCRI in French) is a non-profit, national self-regulatory organization (SRO). Established through the merger of the Investment Industry Regulatory Organization of Canada (IIROC) and Mutual Fund Dealers Association (MFDA) on January 1, 2023, CIRO oversees all investment dealers, mutual funds and trading activity on debt and equity markets in Canada.

The organization sets regulatory and investment industry standards and has quasi-judicial powers in that it holds enforcement hearings and has the power to suspend, fine and expel members and their representatives.