Proposed Amendments to CIRO Continuing Education Programs: Request for Comment
The Canadian Investment Regulatory Organization (CIRO) has published proposed amendments to its Continuing Education (CE) programs, inviting comments from stakeholders. These amendments aim to harmonize CE rules across the Investment Dealer and Mutual Fund Dealer frameworks, supporting CIRO’s commitment to consistency and regulatory efficiency.
The first phase of amendments focuses on key areas, including:
Firm record-keeping and reporting responsibilities for CE
Accreditation requirements
Types of courses or activities that qualify for CE
Treatment of CE course repeats and carry forwards
The Voluntary Participation Program approach
Additionally, CIRO is seeking input on further considerations for CE harmonization, which will form the basis of a second phase of amendments.
The proposed changes are significant for firms and individuals registered as (or with) an investment dealer or mutual fund dealer, offering an opportunity to recast their CE programs.
The comment period closes on March 18, 2025. If you or your firm would like to provide feedback on these proposed amendments, contact our team at info@northstarcompliance.com. Our firm can assist in drafting and submitting comments to ensure your perspectives are heard during this consultation process. We can also help you navigate the harmonization process and create a tailored training plan to meet the new Continuing Education requirements.