On 17 February 2026, CIRO published annual report on compliance for dealers.
- CIRO issued the CIRO Compliance Report for 2026: Helping Dealers with Compliance.
- Follows January 2025 CIRO release of annual compliance report for 2025.
- Report highlights the key issues and challenges that CIRO-regulated dealers should prioritize to strengthen investor protection and support robust market integrity.
Integration Efforts
- Integration of compliance groups, harmonization of compliance programs, streamlining processes for alignment across compliance functions and compliance support functions.
- remaining compliance integration work is internal, will not impact dealer operations.
- The Annual Risk Questionnaire (ARQ) was enhanced based on dealer feedback.
Report Topics
- Cybersecurity risk, cryptoasset trading platforms, mutual fund dealer reconciliations, artificial intelligence, trading, short selling and extended failed trades, BCC exams.
- Cross-asset surveillance, order markers and client identifiers, client focused reforms (CFR)-Phase 2 Sweep Report, dealer arrangements with finluencers, AML compliance.
- Registration and proficiency, delegation of registration categories, dealer acquisitions, supporting documents for individual registration filings, common deficiencies, emails.
- Reinstatement Form 109F7, registration information disclosures, proficiency exemptions, continuing ed requirements, material changes to business activities.
