SRO Rules and Responses
SIMA strongly supports industry self-regulation. SIMA welcomed the creation of the Canadian Investment Regulatory Organization (CIRO), which was formed in January 2023 through the amalgamation of the Mutual Fund Dealers Association and the Investment Industry Regulatory Organization of Canada. SIMA will provide industry input to ongoing consultations related to the implementation of the Canadian Investment Regulatory Organization as well as any rule changes it introduces in response to evolving marketplace and investor needs.