Ace the Canadian Securities Course 2025 - Rock the CSC Practice Exam!

Question: 1 / 400

Which organization regulates the distribution side of the mutual fund industry in Canada?

IIROC

OSFI

CDIC

MFDA

D MFDA (Mutual Fund Dealers Association) is the organization responsible for regulating the distribution side of the mutual fund industry in Canada. This organization sets standards and regulations for mutual fund dealers to ensure they are acting in the best interest of investors and following ethical practices.

A: IIROC (Investment Industry Regulatory Organization of Canada) regulates investment dealers and trading activity in Canada, but not specifically the mutual fund industry.

B: OSFI (Office of the Superintendent of Financial Institutions) regulates banks, insurance companies, and trust and loan companies, but not specifically the mutual fund industry.

C: CDIC (Canada Deposit Insurance Corporation) provides deposit insurance to protect eligible deposits at member institutions, but not specifically for mutual funds. Therefore, D is the most appropriate answer to the given question.

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