This agreement is a tri-party uniform agreement between a Dealer Member and its creditor and IIROC when the Dealer Member or its private holding company is issuing a subordinated debt security. The Dealer Member is required to execute this agreement under IIROC Rule 2100, Ownership of Dealer Member’s Securities. The purpose of the agreement is to protect the customers of the Dealer Member by prioritizing the payment of claims against the Dealer Member. All claims of customers that are subject to the Canadian Investor Protection Fund (CIPF) protection are to be paid before the creditor’s claims. This agreement requires the Dealer Member to obtain IIROC's approval regarding any repayment of funds owed to the creditor.
Welcome to CIRO.ca!
We have a new look! Today is the first day you can find the Canadian Investment Regulatory Organization (CIRO) at CIRO.ca with our fresh look and feel.
You can now find new publications published by CIRO since January 1, 2023 on CIRO.ca. If you are looking for past notices or bulletins published by MFDA or IIROC, you can find those on our legacy websites. Enforcement related content will continue on those websites as well.
You can now find previous Annual Reports and Enforcement Reports on CIRO.ca, along with Halts and Resumption, and our ePublications sign up (for all previous MFDA and IIROC subscriber lists).
We will continue moving items off MFDA and IIROC in 2023/2024. Stay tuned for future updates.