The Investment Industry Regulatory Organization of Canada (IIROC) is set to begin operations on June 1.

The newly merged IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. The SRO is headed by president and CEO Susan Wolburgh Jenah.

Created through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC will set high quality regulatory and investment industry standards, protect investors and strengthen market integrity while maintaining efficient and competitive capital markets.

IIROC will carry out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces

Although IIROC officially begins operations on June 1 2008, its public launch will take place on Monday, June 9.

IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. Created through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC will set high quality regulatory and investment industry standards, protect investors and strengthen market integrity while maintaining efficient and competitive capital markets. IIROC will carry out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.