Hearing Panel Decisions

A Hearing Panel may issue a decision in writing or orally at the end of the hearing. At the end of a settlement hearing, a Hearing Panel will often tell the parties whether it accepts or rejects the settlement. That is the decision. What follows is the written reasons for decision.

Publication and Enforceability

The NHO issues a decision to the parties as soon as it is rendered by the Hearing Panel. Unless stated otherwise, a Hearing Panel decision is effective on the date it is dated.

All decisions are published on the website (except decisions to reject a settlement agreement).

IIROC has the ability to enforce decisions and collect fines through courts in every province and territory of Canada (pdf).

Search Decisions

To search for a Hearing Panel decision, you may visit:

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.