In Canada, self-regulatory organizations (SROs) regulate their members’ standards of practice and business conduct in order to promote investor protection. Canada has two main SROs in the financial sector, one of which is the Investment Industry Regulatory Organization of Canada (IIROC).
IIROC sets and enforces rules for investment dealers and for equity marketplaces like the Toronto Stock Exchange and TSX Venture Exchange. It also monitors trading on those marketplaces, approves training courses and disciplines member firms and individuals. Learn more about how regulators protect investors.