CIRO Releases 2026 Annual Report, Marks Major Regulatory Milestones and Looks Ahead to its Next Chapter

EmitenTrust.com CIRO's Investor Advisory Panel also published its annual report highlighting a year of investor protection and regulatory impact 

TORONTO, Sept. 21, 2026 /CNW/ -- The Canadian Investment Regulatory Organization (CIRO) today released its 2026 Annual Report  covering the organization's activities from April 1, 2025 to March 31, 2026, and its financial position at fiscal year-end.  

In addition to fulfilling its core mandate of investor protection and market integrity, CIRO successfully delivered on all of its 2026 Annual Priorities and made significant progress on the objectives laid out in its Strategic Plan .  

"I am incredibly proud of what CIRO has been able to accomplish in the past year, and the team's ability to focus and deliver on the ambitious priorities we set for the organization to protect investors and ensure healthy capital markets in Canada," said Andrew Kriegler, President and CEO, CIRO.  

Key Highlights  

• Market surveillance of over $7 trillion in trade value; 
• Oversight of more than 106,000 registrants across 250 Dealer Member firms;  
• Enforcement activity led to over $7.6 million in sanctions and fines imposed on individuals and $8.6 million on firms; 
• 16 individuals received suspensions and 10 received permanent bars;  
• Evolved guidance to better enable non-tailored advice and supports for do-it-yourself investors;  
• Distributed grants of more than $1.5 million to Canadian non-profit organizations focused on investor education and protection;  
• Published new research on how DIY investors use social media for investing purposes;  
• Modernized the proficiency regime for investment dealer Approved Persons, changing from a course-based model to an exam-centric model;   
• Launched InnovateSafe, a regulatory sandbox allowing for new ideas and business practices to be tested without requiring regulatory exemptions. 

Looking Ahead to 2027  

In June 2026, Kriegler announced his intention to retire by early 2027, having served as CIRO's inaugural President and CEO and former President and CEO of the Investment Industry Regulatory Organization of Canada (IIROC). The new CEO will be selected by the Board. 

"Continuity and thoughtful succession planning remain hallmarks of good governance, and we thank Andrew for providing the Board with the time needed to conduct a comprehensive search for the next leader," said Miranda Hubbs, Chair, CIRO Board of Directors. "Andrew has left the Board in the enviable position of recruiting for a role built on a strong foundation, with significant opportunities ahead to deliver on CIRO's promise."  

CIRO has extended its current Strategic Plan by one year, providing the organization's next leader with the opportunity to help shape CIRO's future strategic direction.  

CIRO's Investor Advisory Panel (IAP) - Annual Report  

Each year, the Investor Advisory Panel (IAP), publishes its Annual Report, outlining the actions and role the advisory panel plays on behalf of Canadian investors and CIRO. Learn more about their work, mandate and members in the IAP Annual Report or on their webpage.  

In its third year, the IAP fulfilled its mandate by providing input and advice to CIRO on policy consultations and issues affecting investors. The panel, in close collaboration with CIRO's Office of the Investor, also published its first research report on Women and Investing, providing a deeper understanding of the investing needs, goals and experiences of Canadian women at various stages in their investing journey. 

About CIRO 

The Canadian Investment Regulatory Organization (CIRO) is the pan-Canadian self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces. CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments. For more information, visit www.ciro.ca. 

SOURCE Canadian Investment Regulatory Organization (CIRO)