In a vote held on September 29, 2022, members of the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) voted and passed a special resolution approving the amalgamation of the two self-regulatory organizations into one body. This new self-regulatory organization will come into being on January 1, 2023 and, at least for now, be known as the “New Self-Regulatory Organization of Canada” (the New SRO). This is apparently a temporary moniker. Hopefully Canada’s financial services dealers will come up with a more creative permanent name in the near future before people get ... [more] Full article