What is the Canadian version of SEC?

SEDAR is the Canadian equivalent of the SEC’s EDGAR, the U.S. electronic system for filing securities information. As a more informal body, the CSA originally functioned mainly via meetings, conference calls, and day-to-day collaborations with the various territorial and provincial securities regulatory authorities.

What level of government is responsible for securities legislation in Canada?

Canadian securities regulation is managed through the laws and agencies established by Canada’s 10 provincial and 3 territorial governments. Each province and territory has a securities commission or equivalent authority with its own provincial or territorial legislation.

What are Canadian securities?

For the T5008 information return, securities mean: publicly traded shares of the capital stock of a corporation. publicly traded debt obligations. debt obligations of, or guaranteed by: the Government of Canada (such as Treasury bills)

What is the role of a securities commission?

Regulating all matters relating to unit trust schemes; Licensing and supervising all licensed persons; Supervising exchanges, clearing houses and central depositories; Encouraging self-regulation; and.

How are securities regulated in Canada?

Canada currently does not have a federal securities regulator, as other major capital markets do. Rather, each province and territory has its own securities regulatory authority and its own set of laws, regulations, rules and policies.

What is the difference between IFC and CSC?

Differences Between CIFC and CSC The CSC is designed for those looking to become a full-service investment advisor whereas the CIFC is for those who want to be able to provide advice on mutual funds.

Is the CSC hard?

The securities exams have a pass rate of 60 per cent, but those keen to take the course are not in for easy reading. “It is a bit of a slog,” Efron said. “It’s a lot of material.

Who regulates the stock market in Canada?

The Investment Industry Regulatory Organization of Canada
The Investment Industry Regulatory Organization of Canada (IIROC) is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

What is a CSA Financial?

A credit support annex (CSA) is a document that defines the terms for the provision of collateral by the parties in derivatives transactions. It is one of four parts of a standard contract or master agreement developed by the International Swaps and Derivatives Association (ISDA).