Canada’s provincial and territorial securities regulators recognize the New Self-Regulatory Organization of Canada (New SRO) and approve the Canadian Investor Protection Fund (CIPF), effective January 1, 2023. The New SRO consolidates the functions of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA). CIPF is the amalgamated entity, independent of the New SRO, combining the former Canadian Investor Protection Fund and the MFDA Investor Protection Corporation.
For further details, please refer to the CSA Notices of approval, below, and related news release.