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Globe says CIRO CEO Kriegler plans to retire in 2027

2026-06-26 08:47 ET - In the News

The Globe and Mail reports in its Friday edition that the Canadian Investment Regulatory Organization is looking for a new leader after inaugural chief executive officer Andrew Kriegler announced plans to retire early next year. The Globe's Andrew Willis writes that Mr. Kriegler, 62, has run CIRO and predecessor organizations for the past 12 years. On his watch, the industry created a pan-Canadian investor protection platform through the 2023 merger of the Investment Industry Regulatory Organization of Canada -- where Mr. Kriegler was CEO -- and the Mutual Fund Dealers Association of Canada. He said CIRO's ability to break down silos and oversee capital markets players under one set of rules across Canada is an example of how the provinces can work together to harmonize regulation, despite the fact that securities regulation continues to be under provincial jurisdiction. CIRO created cross-country rules for investment banks and mutual fund dealers, and runs systems to track trading in equities, bonds, derivatives and crypto products. Mr. Kriegler said one of CIRO's key achievements during his tenure "was ensuring an investor gets the same high level of protection, whether they live in Chicoutimi, Kamloops or Toronto."

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