Market Oversight

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:

 

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.