TORONTO, Aug. 25, 2015 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) has released its 2014-2015 Annual Report which highlights the organization's efforts undertaken in the public interest to deliver securities regulation across the country.
"The year reflects the ongoing evolution of capital markets and the regulatory landscape, as well as continuing changes in investor demographics and needs," said IIROC President and CEO Andrew Kriegler. "IIROC is balancing our efforts between our core responsibilities to protect investors and maintain healthy markets, and preparation for the future so that we continue to support the needs of all stakeholders over the coming years."
Some highlights of 2014-2015 include:
- Finalization of a rule that will result in more timely surveillance and enhanced regulatory oversight of Canadian debt market activity
- Research to gain insights into the investor experience with the know-your-client process, which will help inform regulatory responses and efforts in investor and member education
- Publication of a set of scheduled papers by academic teams that continue IIROC's focus on empirical data to study the impact of High Frequency Trading and related market activities
- Approval of the final set of Client Relationship Model (CRM) reforms for implementation over the next couple of years which will work to strengthen the client-advisor relationship
- Initiation of a broad consultative strategic planning process to assess emerging trends and their impacts on all stakeholders, develop strategic directions and set priorities for the future
The complete annual report is available on IIROC's website at www.iiroc.ca. Print copies are also available upon request.
IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.
IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News