Regulatory Alerts2026-04-02
CSA Staff Notice 25-315: 2025 Annual Activities Report on the Oversight of CIRO and CIPF
The Canadian Securities Administrators issued this report detailing its 2025 oversight activities regarding the Canadian Investment Regulatory Organization and the Canadian Investor Protection Fund. Key regulatory actions included the consolidation of CIRO's rulebook, the operationalization of delegated registration functions across multiple jurisdictions, and the approval of a new integrated fee model. The report also highlights significant post-close initiatives such as the harmonization of continuing education programs and the management of a major cybersecurity breach that impacted approximately 750,000 individuals.
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