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For Investors |
Are all Deposit Brokers members of the FCIDB? |
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No. Deposit brokers or agents are
not regulated as an industry in most provinces but are subject to
the general laws of the province. The exception is the province of
Saskatchewan where the Saskatchewan Securities Commission regulates
deposit agents.
The FCIDB was organized as a means of dealing with rising regulatory
expectations and to enhance investor protection. |
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