Home Breadcrumb caret Industry News Breadcrumb caret Industry IIROC wants to hear from retail investors The SRO is setting up an expert panel that will advise on investor issues By James Langton | March 10, 2020 | Last updated on March 10, 2020 1 min read © Digital Vision / Thinkstock To bolster input from retail investors, the Investment Industry Regulatory Organization of Canada (IIROC) is establishing a new expert advisory group. The Expert Investor Issues Panel (EIIP) will provide IIROC with the retail investor perspective on policy issues and other matters. “The EIIP will enable individuals with a wide variety of experience and expertise related to investors to provide valuable input into IIROC’s mandate to protect investors and support healthy capital markets,” IIROC said in a statement. IIROC said that it will publish a notice seeking input on the new group later this year. In the meantime, IIROC is also examining existing advisory setups — such as the Ontario Securities Commission’s Investor Advisory Panel and the Autorité des marchés financiers’ Financial Products and Services Consumer Advisory Committee. IIROC said that it will consult with well-known investor advocates, public policy experts and/or academics before founding the initial panel. “As a pan-Canadian regulator with an investor protection mandate, it is critical to give Canadian investors a voice in IIROC’s decision-making processes. Now, IIROC will go one step further by establishing a panel of experts to advise on investor issues,” Andrew Kriegler, IIROC’s president and CEO, said in a statement. IIROC noted that it will also continue conducting research with investors directly. The announcement comes ahead of the Canadian Securities Administrators’ sweeping review of self-regulation, which is set to launch mid-year. James Langton James is a senior reporter for Advisor.ca and its sister publication, Investment Executive. He has been reporting on regulation, securities law, industry news and more since 1994. Save Stroke 1 Print Group 8 Share LI logo