Canadian Securities Course (CSC) Practice Exam · Question
Which organization protects eligible clients of CIRO-regulated investment dealers in the event of their firm's insolvency, up to specified limits?
The CIPF provides protection for clients of member investment dealers up to $1 million per general account for losses resulting from the insolvency of the deale
Start free practice for Canadian Securities Course (CSC) Practice Exam
335 questions · no signup required · 40 free questions per day
Question: Which organization protects eligible clients of CIRO-regulated investment dealers in the event of their firm's insolvency, up to specified limits?
Answer options: ✅ Canadian Investor Protection Fund (CIPF)
- Canada Deposit Insurance Corporation (CDIC)
- Investment Industry Association of Canada (IIAC)
- Ombudsman for Banking Services and Investments (OBSI)
Correct answer: Canadian Investor Protection Fund (CIPF)
Explanation: The CIPF provides protection for clients of member investment dealers up to $1 million per general account for losses resulting from the insolvency of the dealer.
Start free practice for Canadian Securities Course (CSC) Practice Exam
335 questions · no signup required · 40 free questions per day
More about Canadian Securities Course (CSC) Practice Exam
More for Canadian Securities Course (CSC) Practice Exam candidates
Ready to practice?
Free, no signup required. Build a wrong-question list as you go.
Start Free Canadian Securities Course (CSC) Practice Exam Practice →Related courses
Other Canadian certifications candidates often prepare for alongside this one.