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The Investment Industry Regulatory Organization of Canada (IIROC; ''Organisme Canadien de réglementation du commerce des valeurs mobilières'' or ''OCRCVM'' in French) is a non-profit, national self-regulatory organization (SRO). Established through the merger of the Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc. (RS) on June 1, 2008,〔(【引用サイトリンク】title=Self-regulatory organizations (SROs) )〕 the IIROC regulates securities dealers which operate in Canada's equity and debt markets, and is overseen by the Canadian Securities Administrators. The organization sets regulatory and investment industry standards and has quasi-judicial powers in that it holds compliance hearings and has the power to suspend, fine and expel members and registered representatives, such as advisers. However, it has often been criticized by investor advocates as ineffective. ==History== IIROC was formed on June 1, 2008 through the merger of the Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc. (RS). The Bond Dealers Section of the Toronto Board of Trade was formed in 1916 as a trade organization to coordinate financing of Canada's war effort. It was renamed the Investment Dealers Association of Canada in 1934. Throughout most of its history, the IDA serve both as a regulator and as an advocacy organization for the securities dealers. In 2006, IDA narrowed its focus to regulation and transferred its industry association role to a new separate and independent industry association, the Investment Industry Association of Canada. Market Regulation Services Inc. was formed in 2008 in response to the implementation of National Instruments 21-101 ''Marketplace Operation'' and 23-101 ''Trading Rules'', which require an independent regulation services provider to regulate trading in all Canadian marketplaces, including the TSX. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Investment Industry Regulatory Organization of Canada」の詳細全文を読む スポンサード リンク
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