Self Regulatory Organizations
A Self-Regulatory Organization (SRO) is a non-governmental regulatory organization that regulates the operations, standards of practice, and business conduct of its members with a view to promoting the public interest. The BCSC has the statutory power to recognize SROs. The BCSC currently recognizes the Mutual Fund Dealers Association (MFDA), the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Public Accountability Board (CPAB) as SROs. IIROC was formed following the combination of the Investment Dealers Association (IDA) and Market Regulation Services (RS).
The BCSC publishes recognition orders of the SROs that we regulate and other documents related to our oversight role:
- Mutual Fund Dealers Association: recognition orders, audit reports, and rule review
- Investment Industry Regulatory Organization of Canada: recognition, variation, and approval orders
- Canadian Public Accountability Board: recognition order