Canadian Investment Regulatory Organization

We are the pan-Canadian self-regulatory organization that oversees all investment dealers, mutual fund dealers, and trading activity on Canada’s debt and equity marketplaces.

For a detailed overview of our regulatory priorities, please consult CIRO's Annual Priorities and Three-Year Strategic Plan (PDF). Learn more about what's in the works by consulting our Policy Initiatives Update Report (PDF) (as at April 8, 2026).

Learn more About Us

Featured

New CIRO research offers practical insights to support DIY investors 

When it comes to investing, more Canadians are choosing to manage their own investments. Many of them are turning to order-execution only (OEO) firms – put simply brokers that allow investors to trade securities on their own, without the benefit of recommendations or suitability assessments.

Québec Mutual Fund Dealers and Representatives

Find information about the upcoming transition which takes effect on July 4, 2026.

CIRO Sets 2027 Annual Priorities to Strengthen Investor Protection and Advance Regulatory Evolution

Priorities continue to focus on areas of highest impact to stakeholders, including completing integration activities, strengthening cyber resilience, and reviewing complaint handling practices

Crypto Recovery Scams on the Rise

CIRO’s Office of the Investor is here to help Canadian investors – giving them the tools they need to help them stay informed and spot potential scams.

 

Find what you're looking for

    For Investors

    Our Regulated Firms and Advisors

    Find out if you are working with a CIRO member or search for a CIRO regulated investment advisor.

    Explore Enforcement Actions

    See how CIRO holds firms and advisors to the highest standards through disciplinary rulings that protect investors and strengthen market integrity.

    Information for Investors

    Learn the basics of investing, understand how CIRO protects investors and how to make a complaint.

    Resources

    Quick Links

    For Industry

    Rules

    Explore Dealer Member Rules and Universal Market Integrity Rules to ensure registered dealers meet compliance and industry standards.

    Explore Enforcement Actions

    See how CIRO holds firms and advisors to the highest standards through disciplinary rulings that protect investors and strengthen market integrity.

    For Registered Individuals

    Learn how to become a registered individual and explore continuing education programs.

    Resources

    Quick Links

    Highlights

    CIRO Launches Disgorgement Distribution Program to return funds to harmed investors

    The Program builds on CIRO’s existing ability to seek disgorgement orders, following a finding of registrant misconduct. In certain cases, the Program will now enable CIRO to distribute funds collected pursuant to a disgorgement order to investors who have been financially harmed by registrant misconduct.

    Read highlight

    CIRO publishes new guidance for Order Execution Only Dealers

    CIRO has published new OEO Guidance that will allow dealers to expand the range of educational resources they can offer to clients.

    Read highlight

    What We Do

    CIRO protects investors and Canada's capital markets.

    CIRO Across Canada

    Canada Map

    Find out how many offices and approved persons CIRO regulates across Canada, and learn about our enforcement authority in each jurisdiction.

    View the Interactive Map

    By the numbers*

    Regulated 23,225 Member Branch Offices
    Regulated 109,518 Approved Persons
    Completed 176 Enforcement Investigations
    Completed 57 Disciplinary Hearings
    Monitored 264 Billion Traded Shares
    Monitored $5+ Trillion in Trade Value

    *As of fiscal year 2024-25

    Read the Annual Report

    Welcome to CIRO.ca!

    You can find the Canadian Investment Regulatory Organization (CIRO) at CIRO.ca with our fresh look and feel.