Site Visits

In 2017 and again, in 2019, IIROC engaged cybersecurity consultants and visited selected Dealers whose cybersecurity self-assessment maturity levels were below the expected target of their industry peer group.

The goal of these reviews was to confirm the firms’ self-assessment responses, and collaborate with and advise on how to improve their preparedness for the overall protection of customer data and market integrity. As part of this discussion, the Dealer’s main systems and data touch-points were identified and documented in a high-level flowchart, as well.

The Dealer received a report from IIROC and the consultant detailing the results of these discussions and outlining recommendations for improvement.

MFDA and IIROC have consolidated

As of January 1, 2023 the MFDA and IIROC have come together as New Self-Regulatory Organization of Canada (New SRO).

New SRO has assumed the regulatory responsibilities of the MFDA and IIROC.

We have set up an interim website for updates and information related to the New SRO including:

  • Executive Management
  • Governance
  • New SRO Rules
  • Member Application
  • Investor Office and the Investor Advisory Panel
  • Information concerning mutual fund dealers registered in Québec
  • Complaints
  • Careers

Enforcement proceedings, membership lists, continuing education, investor education resources and any other information not set out above continue to reside on www.mfda.ca and www.iiroc.ca.