Toronto, September 7, 2015 – PortfolioAid is pleased to submit comments to IIROC in response to Notice 15-0145 Request for Comments on Strategic Issues.  PortfolioAid is pleased to offer our colleagues at IIROC our unique perspective as a centre of Canadian compliance excellence.  PortfolioAid believes strongly in the role of IIROC in Canadian capital markets, and the important role regulatory compliance plays in fair and efficient capital markets.

PortfolioAid sees the rapid pace and evolution of regulatory requirements as the most significant trend in the investment industry today.  This trend is currently challenging IIROC, IIROC member firms, and other industry participants in keeping pace with respective requirements and legacy operational processes can no longer be relied upon as an effective means of compliance oversight.  PortfolioAid encourages IIROC to consider the role that technology can play in facilitating their mandate by their member firms.

The full commentary is available on the IIROC website at www.iiroc.ca under notice 15-0145.