How CIPF fits into the Canadian Regulatory System
CIPF's role in the Canadian regulatory system is shaped by two agreements:
An Industry Agreement with IIROC
which sets out the working relationship and respective responsibilities, including the requirement for IIROC to provide prompt notice to CIPF of any situation likely to give rise to a payment out of the CIPF Fund.
IIROC is CIPF's sole sponsoring organization and CIPF is the only compensation fund approved by the CSA for IIROC Dealer Members.