Continuing Education → Compliance / Business Conduct → CCO Edition

CCO Ed: New SRO Framework (CSA Position Paper 25-404) (LCI01C04)

On August 3rd, 2021, the Canadian Securities Administrators (CSA) published a proposed framework to modernize the self-regulatory landscape in Canada's securities industry. This is really important. So we created an audio version and a video version of the Position Paper.

In December 2019, a Canadian Securities Administrators (CSA) working group (the Working Group) was formed to conduct an in-depth review of the current framework for the two Self-Regulatory Organizations (SROs) -- the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA)

Important to note:
The accreditations with accompanying ID numbers have been approved and issued by the regulatory organization. The accreditations without ID numbers are additional regulatory organization's continuing education (CE) credit(s) that Learnedly believes the course satisfies.

This CE activity has been approved by FP Canada as meeting the minimum requirements for CE Approval as outlined within the FP Canada Continuing Education Guidelines. The views and opinions expressed in this presentation are those of the presenter / content author and do not necessarily reflect the views of FP Canada.

CE Credits: 1.25 FSRA: 1.25 Financial Services Regulatory Autho... AIC: 1.0 Alberta Accreditation Committee: Lif... ICBC: 1.25 Insurance Council of British Columb... ICS: 1.25 Insurance Councils of Saskatchewan:... ICM: 1.25 Insurance Council of Manitoba: Life... CFP / QAFP: 1.25 FP Canada: Financial Planning CIM / PFP: 1.25 CIM/PFP Compliance CFA: 1.25 CFA: Standards, Ethics, Regulations CPA: 1.25 CPA Verifiable Ethics CPD Advocis: 1.25 Advocis Structured Learning

  • Videobook Version
  • Introduction (7:50)
  • Methodology (4:49)
  • New SRO Framework (9:47)
  • Specific Solutions To Support The New SRO (0:52)
  • Improving Governance (16:09)
  • Strengthening Proficiency (3:37)
  • Enhancing Investor Education (3:26)
  • Increasing Access to Advice (7:11)
  • Reducing Industry Costs (6:13)
  • Fostering Harmonization/Efficiencies (6:22)
  • Harmonizing Directed Commissions (7:39)
  • Maintaining Strong Market Surveillance (4:36)
  • Leveraging Ongoing Related Projects (4:15)
  • Recognition of the New SRO in Québec (6:15)
  • Summary of Public Comments [Background] (1:49)
  • Duplicative operating costs for dual platform dealers (5:11)
  • Product-based regulation (8:34)
  • Regulatory inefficiencies (4:04)
  • Structural inflexibility (3:11)
  • Investor confusion (1:38)
  • Public confidence in the regulatory framework (6:52)
  • Separation of market surveillance from statutory regulators (2:50)
  • Other Issues Related to Québec (3:45)
  • Other Options Considered (7:13)
  • Enabling Changes (7:37)
  • Audiobook Version
  • Audiobook: New SRO Framework (CSA Position Paper 25-404)
  • Final Quiz - New SRO framework
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever