The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers, and trading activity on Canada’s debt and equity marketplaces. It has emerged from the regulatory functions previously held by the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA), aiming to provide efficient and consistent regulation across the Canadian financial market. CIRO is dedicated to the protection of investors and to enhancing Canadians' trust in the financial regulation system and the professionals managing their investments.