IIROC yesterday released a notice intended to initiate a consultation process to consider whether the existing proficiency assurance model best serves the public interest and meets the needs of IIROC and the industry.

IIROC's current agreement with the Canadian Securities Institute, the exclusive provider of IIROC regulatory courses, is set to expire in January 2016. Going forward, IIROC may retain the current model, or adopt another model that includes multiple education or examination providers.

Comments, including responses to a number of consultation questions, are being accepted by IIROC until November 17, 2014. For more information, see IIROC Notice 14-0181.