Reference · Brokerage

TD Direct Investing

Toronto, Ontario, Canada · Est. 1984 · Stocks, Options, ETFs, Bonds, Mutual Funds

Reference Listing

No composite score

Verified May 14, 2026

ⓘ Regulatory note: CIRO fined TD Investment Services Inc. — a separate TD-group mutual-fund-dealer entity — $300K in 2024 for failing to report 99 client complaints; corporate-family proximity flag, no direct action against TD Direct Investing.

ReferenceReference listing — no composite score. Full scoring methodology for brokerages coming soon.

Other

Disclosure Flag

{"level":"advisory","summary":"CIRO fined TD Investment Services Inc. — a separate TD-group mutual-fund-dealer entity — $300K in 2024 for failing to report 99 client complaints; corporate-family proximity flag, no direct action against TD Direct Investing.","detail":"In 2024 CIRO ordered TD Investment Services Inc. (TDIS), a separate Mutual Fund Dealer entity in the same corporate family as TD Direct Investing, to pay $300,000 plus $25,000 in costs for failing to report 99 client complaints and 15 misconduct events between 2018 and 2021. TD Direct Investing's own entity (TD Waterhouse Canada Inc.) has no direct enforcement in this window. The Advisory flag reflects corporate-family proximity — a related-entity reporting failure within the broader TD group — rather than an action against TD Direct Investing itself.","source_url":"https://www.ciro.ca/rules-and-enforcement/enforcement/td-investment-services-inc","date":"2024"}

Specs verified May 14, 2026 · Subject to change — we update when changes are detected.