Dealer Member Compliance

IIROC Compliance teams regularly examine Dealer Member firms to assess each firm’s compliance with our Rules and applicable securities legislation. 

Our Financial & Operations Compliance (FINOPS) team monitors the solvency of all Dealer Members, and ensures that business activities are conducted within prescribed capital limits. FINOPS also monitors Dealer Member adherence to operational rules. including the safeguarding of customer assets. Members of IIROC are automatically members of the Canadian Investor Protection Fund (CIPF). CIPF provides coverage within certain prescribed limits to eligible customers for any loss of assets in the event of the insolvency of an IIROC Dealer Member.

Our Business Conduct Compliance (BCC) team monitors business conduct related activities of Dealer Members and their registered individuals. BCC ensures that firms have implemented policies, procedures and controls to conduct and supervise their lines of business in compliance with applicable rules and to protect investors. 

Our Trading Conduct Compliance team monitors the trading related activities of Dealer Members and ensures that firms have implemented policies, procedures and controls to prevent and detect potential negative impacts to market integrity and comply with applicable requirements.