IIROC Releases its Vision for Improving Self-Regulation

Both SROs have now made their case in advance of the CSA’s consultation

The CSA will be reviewing the future of self-regulatory organizations this summer, meaning a lot is at stake for both the MFDA and IIROC. Both SROs are eager to frame the debate ahead. Last February, the MFDA released its ambitious vision for a new SRO model. Now IIROC has responded by releasing its competing vision, which is more evolutionary than revolutionary. This Regulatory Bulletin looks at the IIROC proposal and its impact on financial advisors and planners.