Canadian Securities Course (CSC) Practice Exam · Question
Which of the following provides protection to eligible clients against losses resulting from the insolvency of a CIRO-regulated investment dealer?
The Canadian Investor Protection Fund (CIPF) protects eligible customers in the event a CIRO-regulated investment dealer becomes insolvent, within specified lim
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Question: Which of the following provides protection to eligible clients against losses resulting from the insolvency of a CIRO-regulated investment dealer?
Answer options: ✅ Canadian Investor Protection Fund (CIPF)
- Canada Deposit Insurance Corporation (CDIC)
- Financial Consumer Agency of Canada (FCAC)
- Provincial Securities Commissions
Correct answer: Canadian Investor Protection Fund (CIPF)
Explanation: The Canadian Investor Protection Fund (CIPF) protects eligible customers in the event a CIRO-regulated investment dealer becomes insolvent, within specified limits.
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