Canadian Securities Course (CSC) Practice Exam

Context The MFDA (A) sets rules that pertain to the selling of mutual funds in Canada, while the OSFI (B) regulates and supervises banks, insurance companies, and other federally regulated financial institutions. The CDIC (D) is responsible for insuring bank deposits in case of bank failure. The IIROC (C) is the Investment Industry Regulatory Organization of Canada, and it sets rules related to the proficiency, business, and financial conduct of dealer firms in Canada. It is a self-regulatory organization that oversees the investment industry in Canada and works to protect investors and maintain fair and efficient capital markets.