Innovation Initiatives for SRO: Quiz

What does CIRO regulate?

What is the name of the information processor for Canadian corporate and government debt securities operated by CIRO?

When did the amalgamation of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA) take effect?

What does CIRO oversee as the national self-regulatory organization?

What is the priority of the Enforcement department integration process?

What does CIRO aim to demonstrate progress on?

What will the organization seek to obtain in order to operationalize authorities in Québec?

What will be the first step in the phased plan to consolidate Investment Dealer and Mutual Fund Dealer rules?

What is the main focus of the Innovation function for the current fiscal year?

Which organization will CIRO collaborate with to become a credentialling body and support the creation of a public registry for financial advisors/planners?

What does the text emphasize as important for the work of an SRO?

In addition to industry engagement, what other initiative will the Innovation function focus on for the current fiscal year?

What will be consolidated into a single rule set over time?

What will not be part of the consolidated rules plan?

What are some of the key changes proposed in the interim rules?

What will the interim rules primarily affect?

Which individuals will have the option of conducting business primarily within the Investment Dealer and Partially Consolidated Rules on a permanent basis?

What is permitted for mutual-funds-only registered individuals retained or contracted as agents by a dual-registered firm?

Why will CIRO implement interim rules for its members?

What will the CIRO Day 1 interim rules be comprised of?

What is the primary objective of CIRO's implementation of interim rules?

What is the main reason for the introduction of CIRO interim rules?

What additional information would a mutual fund dealer need to provide to CIRO to be approved as a dual-registered firm?

What is one example of exemptive relief for a dual-registered firm's mutual fund division or business unit, subject to conditions?

In what areas must a dual-registered firm and its employees comply with CIRO rules, according to the text?

What is a requirement for a dual-registered firm's mutual fund division or business unit regarding trading in segregated funds?

What rules are Mutual Fund Dealers in Québec subject to on Day 1?

Under what circumstances will some individuals need to report their Continuing Education under both the Investment Dealer and Partially Consolidated Rules, and the Mutual Fund Dealer Rules?

What will Mutual Fund Dealers in Québec not be required to comply with, during a transitional period, to avoid regulatory duplication?

Who will need to comply with the Continuing Education requirements of the Chambre de la sécurité financière (CSF)?

What will the CSA provide guidance on related to dual-registered firms and individual registrants?

Under the interim rules, which decisions will an individual continue to have an opportunity to be heard if they disagree with a recommendation?

What proficiency requirements are applicable for a Registered Representative dealing in mutual funds only with an investment dealer?

Within what timeframe should a Registered Representative dealing in mutual funds only with an investment dealer complete the 90-day training program and upgrading to Investment Representative, or the 30-day training program and upgrading to Registered Representative?