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Canada
01 Jan 2013 (13 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Mfda
Company Information
Get to know Mfda
The Mutual Fund Dealers Association of Canada (MFDA) was the self-regulatory body for Canadian mutual fund dealers. Established in 1998, its mandate was to protect investors and enhance public confidence by setting and enforcing rules, conducting compliance examinations, and carrying out disciplinary proceedings for its member firms and their approved persons. On January 1, 2023, the MFDA and the Investment Industry Regulatory Organization of Canada (IIROC) officially merged to create a new, enhanced SRO, which is now known as the Canadian Investment Regulatory Organization (CIRO). All regulatory functions of the MFDA are now carried out by CIRO.
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