Alert:
A nationwide postal strike or lockout began on November 15, 2024. Dealer Members must take steps to ensure that document delivery requirements prescribed under CIRO Rules continue to be met.
Procedural Rules & Guidance
Hearing panels may hear cases under:
- the Investment Dealer and Partially Consolidated Rules (IDPC Rules) (in effect as of January 1, 2023, replacing the former IIROC Rules),
- the Mutual Fund Dealer Rules (MFD Rules) (in effect as of January 1, 2023, replacing the former MFDA Rules) and the Mutual Fund Dealer Rules of Procedures, and
- the Universal Market Integrity Rules (UMIR), which set out the requirements applicable to CIRO Participant Dealer Members, Access Persons and Marketplaces for securities related trading activities on all marketplaces that CIRO regulates.
CIRO Enforcement proceedings are governed by the IDPC Rules 8000, Part B of the Mutual Fund Dealer Rules of Procedures and Rule 7.3 of the MFD Rules.
Appearances and representation in a hearing are covered under IDPC Rule 8405 and Rule 3 of the Mutual Fund Dealer Rules of Procedure.
Service and filing of documents are covered under IDPC Rule 8406 and Rule 4 of the Mutual Fund Dealer Rules of Procedure.
Forms of hearing (oral, electronic or written) are listed under IDPC Rule 8409 and Rule 5 of the Mutual Fund Dealer Rules of Procedure.
Requirements for decisions issued by hearing panels can be found under IDPC Rule 8410 and Rule 7.3.7 of the MFD Rules.
Regulatory review proceedings are governed by IDPC Procedural Rules 9000 and Rule 7.5 of the MFD Rules.
For relevant procedural Guidelines and Policies, please see: