Self-regulatory Organizations and Clearing Agencies
Self-regulatory Organizations
Related Links - Canadian Securities
Administrators (securities-administrators.ca)
New Self-Regulatory Organization
Canada’s
provincial and territorial securities regulators have recognized the New Self-Regulatory Organization of Canada (New SRO) and approved or accepted the Canadian Investor
Protection Fund (CIPF), effective January 1, 2023.
The
New SRO consolidates the functions of the Investment Industry Regulatory Organization of Canada and the Mutual Fund Dealers Association of Canada. The New SRO regulates mutual fund dealers,
investment dealers, and acts as the regulation services provider for
marketplaces that have retained it as such, including monitoring trading on
those marketplaces for compliance with New SRO rules and securities
legislation.
Additional
details can be found here.
Recognition orders and other documents related to our oversight role can be found at the following links:
- New Self-Regulatory Organization Recognition Order - Jan. 1, 2023
- Memorandum of Understanding Regarding Oversight of the the New Self-Regulatory Organization of Canada (New SRO) - Jan. 1, 2023
- Memorandum of Understanding about the Oversight of Exchanges and Quotation of Trade Reporting Systems - December 17, 2010
Clearing Agencies
A clearing agency provides facilities for buyers and sellers of securities and futures contracts to clear and settle transactions. Under The Securities Act (Manitoba) and The Commodity Futures Act (Manitoba), the MSC has the statutory power to recognize, designate or exempt exchanges. This allows the clearing agency to carry on business in Manitoba and sets out the terms and conditions under which the clearing agencies are regulated.
- ICE Clear Canada Inc. Revocation Order 7457 - August 13, 2018
- ICE Clear Canada and ICE Futures Canada Recognition Order 5719 - June 16, 2008
- ICE Clear Canada Inc. Order 6878 - February 6, 2014