Mandatory Continuing Education
Dynamic growth in Canada’s investment industry reflects constant change in market trends, products, rules, regulations and technology.
IIROC has actively responded to the challenge of ensuring registered individuals keep pace with these changes, by establishing a mandatory Continuing Education program that best serves and protects Canadian investors.
Registered individuals who do not complete their Continuing Education requirements may be subject to fines and suspension.
What are the Continuing Education requirements?
IIROC’s Continuing Education program imposes a minimum number of Continuing Education hours for each cycle. A cycle runs for two years. The current cycle started on January 1, 2020 and ends on December 31, 2021. The next cycle will start on January 1, 2022 and end on December 31, 2023.
Individuals registered to conduct retail business and to give advice (e.g. Registered Representatives), and those supervising these individuals, must complete a minimum of 10 hours of continuing education courses in Compliance and 20 hours of continuing education courses in Professional Development.
Other individuals (e.g. Investment Representatives and Designated Supervisors) must only complete 10 Compliance hours.
Where an individual is registered in more than one category, they must complete the higher number of Continuing Education hours. For example, if an individual is both a Designated Supervisor and a Registered Representative, they must complete 10 Compliance hours and 20 Professional Development hours.
How do I know what courses qualify?
You can take Professional Development and Compliance courses from a variety of sources, including courses directly offered by your member firm. Continuing Education can include virtual and in-person courses, seminars, programs and presentations.
IIROC also offers free online Continuing Education courses, like video webcasts, seminars and other public events hosted by IIROC staff and industry professionals.
You should check with your firm to confirm a course meets IIROC’s requirements before signing up. Each firm is responsible for designating an individual to review Continuing Education courses to make sure they qualify.
If you are responsible for reviewing Continuing Education at a firm and have any questions about acceptable courses or study, contact us at [email protected].
Accredited courses are listed at :