CIRO
Grade A
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Requirements to get licensed
Application Process
- Guidance Review: Firms must review the "Guidance for Applicants" and the "New Membership Application – Documentation Checklist" for details on the required materials and documents.
- Contact Membership Intake Team: Once prepared, firms should contact CIRO's Membership Intake team for an introductory meeting to guide through the application process.
- Submit Application: Apply for registration as a Dealer with the securities regulatory authority in the applicable jurisdictions. The application includes submitting a Membership Application Form and required supporting materials along with a non-refundable deposit.
Requirements
- Business plan detailing new business lines, products, services
- Organization structure
- Transaction details
- Account transfer details
- Policies
- Procedures
- Supervisory structure.
- For dual-registered firms, additional documentation includes an abbreviated Form 33-109F6 Firm Registration to register the firm as both an investment dealer and mutual fund dealer.
About this regulator
The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers, and trading activity on Canada’s debt and equity marketplaces. It has emerged from the regulatory functions previously held by the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA), aiming to provide efficient and consistent regulation across the Canadian financial market. CIRO is dedicated to the protection of investors and to enhancing Canadians' trust in the financia...
Companies holding this license
3 companies on record. Each links to its verification page.
