AFM121 Chapter Notes - Chapter 3: Audit, Credit Union, Rescission

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM121
• Professor: John D' Amato

Document Summary

, money ordered, back drafts, etc: do not include mutual funds, bonds, t-bills, deposits held in foreign currency. The provincial regulators: regulation of securities is delegated provincially, work closely with the canadian investor protection. The self-regulatory organizations (sros: member regulation, listing requirements, and trading regulations, tsx, tsx venture exchange, bourse de montreal, ice futures canada, and two sros: iiroc and. Iiroc oversees investment dealers and trading activity in canadian debt and equity markets: sets regulatory and investment industry standards, protect investors. Sros can discipline their members but can not restore to parties that have been wronged by a member of the sro. Injured party normally goes to the court to resolve the issue. Securities sellers or investment advisors (ias) must be registered: administrators have the power to grant, suspend, or cancel registration, new ias must, pass the csc course, and the conduct and practices handbook for securities industry.