Compliance for the Securities Industry
This intensive seven (7) day course provides the student an in-depth review of regulatory bodies and the regulations that govern and operate the securities industry in Canada. The way in which the legal and compliance department of a securities firm is organised and operates is analysed in the context of the total regulatory framework.

Today's compliance for the financial industry is extremely critical and complex and it is incumbent on each staff member of any financial institution to gain a deeper understanding of this important aspect of the industry.

All course materials are provided. Upon confirmation of registration, the student will receive a free one-year subscription to Investment Executive, Canada's Newspaper for Financial Advisors.

Compliance for the Securities Industry
Day 1 Day 2
  • SRO's and their roles 
  • The obligations of the broker vs the client 
  • The obligations of the broker for employee actions

  • Compensation Loss or Measure of Damages
  • Account reviews
The origin of the unsecured deficit
  • Check kiting
  • Trading schemes
  • TSX
  • MX
  • Other
Account Opening and Approval
  • Options Principles Registration
  • Required Approvals
Supervisory Duties
  • Written Supervisory Procedures
  • Designated Principal (DP)
  • Ultimate Designated Principal (UDP)
Strategies for Options
  • Options Purchase 
  • Covered-Calls-Cash-Margin
Day 3 Day 4
Restricted Securities and Control Securities
  • Forms for Acquisition 
  • Quantitative vs. Qualitative
Derivatives Securities
  • Pooling vs. Purchase Accounting
  • Risk Management and the role of the Broker and the Dealer
Client Accounts
  • Cash Accounts
  • Margin accounts
Maintaining and Margining:
  • Positions of Municipal bonds
  • Repurchase agreements
National Registry
  • Licensing Requirements for Brokers 
  • Qualifications for the Security Industry 
Special Rules
  • Supervision
  • Branch or Office Control 

Written and Oral Offers
  • Statement of Registration 
Activity limits for firms engaged in distribution
  • The Watch List
Confirmation Disclosure
  • Soft dollars
Day 5 Day 6
  • Centralized
  • Regionalized
  • Products 
  • Accounts 
Client complaints
  • Regulatory
  • Responses
Sales Literature and Promotion
  • Approvals and Reviews
Special Products
Regulatory Structure
  • Securities Act
  • The Rule Book
Compliance Procedures
  • Reviews for Churning 
  • Solicitation Plans
  • Chinese Wall Policy
Internal Audit
Day 7 Morning Day 7 Afternoon
  • Registered 
  • Statutory vs. Non-statutory
Margin extended against:
  • Control Securities
  • Purpose vs. Non-purpose Loans
  • EXAM

Compliance for the Securities Industry

This course should be of particular interest to:

  • Persons presently outside the industry looking to increase specific financial knowledge or seek entry to the industry
  • Operational and administrative staff particular to the financial and securities industry compliance areas
  • Investment firm IT staff new to the financial and/or securities industry
  • Investment firm staff with limited knowledge of compliance for the financial industry
  • Employees of regulatory agencies
  • Institutional client personnel
  • Industry vendors' employees
Compliance for the Securities Industry
The benefit to the student is:
  • Gain in-depth understanding  of the SRO's role in the market place and the rules and regulations that govern the investment and financial industries
  • Get practical knowledge of guidelines under which Securities Dealers operate 
  • Gain a fundamental understanding of how the Capital Markets work
  • Get a comprehensive perspective of the practice of sales and supervision
  • Gain an understanding of the compliance requirements for federal, regional and provincial levels 
Compliance for the Securities Industry
No sessions currently available. Contact client services to get the next available date.


Compliance for the Securities Industry