Business Administration - Financial Planning RFC125 Chapter Notes - Chapter 2: Disability Insurance, Canada Pension Plan, Canadian Securities Course
24 Oct 2016
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Document Summary
Securities commissions delegate some of their powers to self-regulatory organizations (sros), which establish and enforce industry regulations to protect investors and maintain fair, equitable, and ethical practices. 2013: 189 firms in the investment industry regulatory organization of. Canada has a strictly regulated financial institution. Types of firms: three categories of firms make up the canadian securities industry: integrated firms: offer products and services that covers all aspects of the industry, including institutional and retail markets. Offer services such as economic advice, portfolio evaluation and management, merger and acquisition advice, etc (page 2: institutional firms. Consist of foreign and domestic firms which serve institutional clients exclusively: retail firms. Discount brokers execute trades for clients at reduced rates but do not provide advice. Popular for people who do the research themselves in exchange for paying the discount broker a lower commission rate.
