On Jun. 2, CIRO published its annual priorities for fiscal year 2024.
CIRO published Bulletin 23-0076 on its annual priorities for Fiscal year (FY) 2024.
Priorities include determining mission, values, and brand, developing a strategic plan, promoting investor perspective, harmonizing regulatory approach, system progress.
Mission and Investor Priorities
Determine mission, vision, values, brand for CIRO and develop 3-year strategic plan.
Promote investor perspective through Office of Investor and investor advisory panel.
Provide education and guidance to members and investors on protection requirements in a number of areas including complaint handling and determining client risk profile.
Office of the Investor will conduct a survey on investor experiences and outcomes.
Strengthen stakeholder relationships; maintain an engaged, empowered, unified staff.
Regulatory Priorities
Harmonize regulatory approach and articulate the plan for an integrated fee model.
Will align exam approach with CSA for Client focused reform phase 2 work, #65866.
Integrate Enforcement Department and its operations; focus on sanctions guidelines.
Develop a work plan on continuing education; review mutual fund dealer registration.
Conduct a phased plan to consolidate investment dealer and mutual fund dealer rules.
Publish finalized joint report with the CSA on the Client focused reforms (CFR) sweep.
Pursue legislative authority to improve Enforcement’s ability to collect evidence and provide statutory protection against malicious lawsuits while performing their duties.
Finalize and implement NI 93-102 Derivates: Business conduct amendments, #67946.
