Canadian Investment Regulatory Organization Halts Trading in Multiple Securities to Ensure Market Order

The Canadian Investment Regulatory Organization (CIRO) has the authority to temporarily halt trading in the securities of publicly-listed companies to ensure fair and orderly markets. Trading halts are a regulatory tool used to maintain market integrity and protect investors during periods of uncertainty or unusual market activity. CIRO functions as the national self-regulatory organization, overseeing all investment dealers and trading activities on debt and equity marketplaces across Canada. Recent announcements confirm that CIRO has exercised this authority to halt trading in certain issues as of May 20, 2025.