CIRO imposes $7.6 million in sanctions on individuals in fiscal 2026: annual report
Management believes a resolution will not result in incremental financial exposure beyond existing insurance coverage, and no liability has been recorded in the financial statements as of March 31.
Member fees are budgeted at $148.6m for fiscal 2027, an increase of 6.3 percent over the fiscal 2026 budget.
That figure comprises a 1 percent reduction on business-as-usual fees, a 7 percent increase to fully recover the costs of newly assigned registration and Québec responsibilities, and a 0.3 percent increase to support higher market volumes.
Operating expenses are budgeted at $188.2m, up 10 percent, with a planned deficit of $13.3m in the Unrestricted Fund.
In its third year, the Investor Advisory Panel published its first research report, on Women and Investing, in collaboration with CIRO’s Office of the Investor.
