Investor Education

Security in Canada’s securities industry

The IIAC recommends that Canadian investors work with our Member firms’ advisors as they are all regulated by the Investment Industry Regulatory Organization of Canada (IIROC).  Here are the advantages of working with an IIROC-regulated advisor:

Advisors approved by IIROC to offer services at IIROC-regulated firms (i.e. IIAC firms) are subject to fulsome registration standards and background checks before they can be approved to work. In the rare case an IIROC-registered firm were to become insolvent, your cash and securities are protected – within defined limits – by the Canadian Investor Protection Fund (CIPF).

Additional advantages of working with an IIROC-regulated firm (i.e. IIAC firm) include:

  • When you choose an advisor at an IIROC-regulated firm (i.e. IIAC firm), you can be sure that IIROC has made sure he or she had the necessary training and education to receive their approval. Learn more about the Advantages of using an IIROC-registered advisor.
  • When working with an IIROC-regulated firm (i.e. IIAC firm), investors also have the advantage of being able to access the complete background, education and qualifications of advisors at IIROC-regulated firms. This service is called AdvisorReport and it’s free.

For further investor education information, please visit IIROC’s Investors section. Here you will find valuable sources of information to help ensure you are better educated and, by extension, protected.

Sources of information include:

Choosing an Advisor [HTML]

Know Your Advisor [HTML]

Investor Education [HTML]

Internet Resources for Investors [HTML]

From the IIAC:

In March 2014, the IIAC produced a guidance note entitled Canada’s Investment Industry: Protecting Senior Investors – Compliance, Supervisory and Other Practices When Serving Senior Investors

This is important reading for anyone monitoring a senior’s investments.



IIROC makes available a complete list of rule proposals and guidance notes that it anticipates implementing and/or publishing for comment over the next 12 months.

As at April 10, 2015
Policy Priorities – Quarterly Update




AMFOn-line trading platforms – updated list of unauthorized sites from the Autorité des marchés financiers


The Autorité des marchés financiers (AMF) has notified Quebec consumers that it recently identified five on-line trading platform websites that are not authorized to offer products and services in Québec:,,, and Quebeckers should therefore not trade via these websites.

The list is available here.

This is another reminder that investors are best served when dealing with an IIAC member firm, all of which are regulated by IIROC

The IIAC also encourages investors to visit: is a valuable resource which provides everyday Canadians with free unbiased and independent investing and personal finance tools and information. It features videos, quizzes, calculators, infographics, blog posts and articles on topics that span several key life events and provide value  to everyone from high school students and investing novices to retirees and financial experts. The site is provided by Investor Education Fund, a non-profit organization founded and supported by the Ontario Securities Commission.