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CIRO shines light on its Approved Persons assessment process

Man holding flashlight, inspecting machinery.
Photo: Jim Sugar/Getty Images

The self-regulator made explicit three criteria for review.

The Canadian Investment Regulatory Organization (CIRO) issued guidance explaining how it decides whether individuals working for investment and mutual fund dealers are “fit and proper” to be approved, or to remain approved, for positions of trust in Canada’s securities industry.

CIRO’s “Approved Persons” category covers individuals approved to perform

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