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  • Writer's pictureDeborah

Staff Notice 25-310 was released by the Canadian Securities Administrators on April 20 to report on its key activities in 2022 with the aim to meet its “efforts to achieve transparency and to foster public confidence in the regulatory framework”.


The Staff Notice outline CSA’s activities and discussion on various areas, notably:

  • IIROC’s market surveillance infrastructure

  • Order Execution Only Service Levels

  • Joint CSA and IIROC Staff Notice 23-329 Short Selling in Canada

  • IIROC upcoming proposal to update Guidance Note GN-3600-21-002 Review of Advertisements, Sales Literature and Correspondence, dated October 14, 2021

  • IIROC’s continuous work to review applications for new membership from crypto-asset trading platforms

  • Ongoing discussions with IIROC regarding cybersecurity incidents

  • MFDA continuous focus on cybersecurity

  • The potential exclusion of crypto assets from the Canadian Investor Protection Fund (CIPF) Coverage Policy

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