Canadian Investment Regulatory Organization (CIRO) - Request for Comments: Proposed Amendment of Approved Person Fee Component Within the Annual Fee of Dealer Member Fee Model

CIRO - Rules Bulletin - Request for Comments - Proposed Amendment of Approved Person Fee Component Within the Annual Fee of Dealer Member Fee Model
CIRO - Updated Fee Model [Blackline - Appendix A]
CIRO - Updated Fee Model [Clean - Appendix B]
CIRO - Frequently Asked Questions [FAQ - Appendix C]

The Canadian Investment Regulatory Organization (CIRO) is publishing, for a 30-day comment period, proposed amendments to the Fee Model related to the Approved Person (AP) Fees Component of the Annual Fee of the Dealer Member Fee Model, revising the rate to $300 from $250 per AP of the Dealer Member. Concurrently, CIRO is proposing to cease collection of its main activity-based registration-related submission fees collected through the National Registration Database. CIRO will also no longer collect cost recoveries from certain provincial securities regulatory authorities. CIRO’s notice sets out the process for submitting comments. CIRO is proposing that the amendment be effective on April 1, 2026.

Comment Period Expires: November 7, 2025

Published: October 8, 2025