Home Breadcrumb caret Industry News Breadcrumb caret Industry IIAC supports B.C.-Ontario cooperative regulatory system The Investment Industry Association of Canada (IIAC) is welcoming British Columbia and Ontario’s decision to proceed with a cooperative capital markets regulatory system. By Staff | September 19, 2013 | Last updated on September 19, 2013 1 min read The Investment Industry Association of Canada (IIAC) is welcoming B.C. and Ontario’s decision to proceed with a cooperative capital markets regulatory system. Read: 6 ways regulators can boost the financial industry: IIAC IIAC says it will better protect investors, support efficient capital markets and manage systemic risk. “The cooperative approach that respects constitutional jurisdiction, and an independent expert Board of Directors, broadly representative of the regions of Canada and fully accountable, will encourage other provinces to join the cooperative regulatory system. The IIAC is prepared to lend its industry expertise to assist in building momentum and support for this initiative,” said Ian Russell, IIAC’s president and CEO. Also read: IIAC creates Hall of Fame 5 regulatory changes you need to know Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo