Procedural Rules & Guidance

Hearing Panels hear cases under:

IIROC Rules
(in effect as of January 1, 2022, replacing the IIROC Dealer Member Rules and incorporating the Consolidated Enforcement, Examination and Approval Rules and Continuing Education Rules)

UMIR
The Universal Market Integrity Rules (UMIR) set out the requirements applicable to IIROC Participant Dealer Members, Access Persons and Marketplaces for securities related trading activities on all marketplaces that IIROC regulates.

Enforcement proceedings are governed by Procedural Rules – 8000

Appearance and representation in a hearing is covered under Rule 8405.

Service and filing of documents is covered under Rule 8406.

Forms of hearings (oral, electronic or written) are listed under Rule 8409.

Requirements for decisions from Hearing Panels can be found under Rule 8410.

Regulatory review proceedings are governed by Procedural Rules 9000.

For relevant procedural Guidelines and Policies, please see:

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.