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How to integrate the CIPF into a consolidated SRO | Investment Executive


Ian Russell
It is good to see the Canadian Investor Protection Fund (CIPF) board weigh in on the CSA’s review of self-regulation, given the CIPF’s integral role in the Canadian self-regulatory system. In its paper, the CIPF has restricted its comments to answering one key question: Should the CIPF remain as an independent body or should it be integrated into a future SRO?
The CIPF protects, within prescribed limits, client assets held by IIROC-registered firms in the event of a firm’s insolvency, in addition to managing the CIPF Fund for compensating client losses and administrating insolvencies of troubled IIROC firms. The CIPF coordinates closely with IIROC to ensure it obtains prompt notice from IIROC of a troubled situation possibly requiring compensation payments to clients through the CIPF Fund. ....

United Kingdom , Stanford Ponzi , Us Securities Investor Protection Corporation , United Kingdom Financial Services Compensation Scheme , Woodford Equity Income Fund , Investor Protection Corporation , ஒன்றுபட்டது கிஂக்டம் , ஸ்டான்போர்ட் பொஞ்சி , எங்களுக்கு பத்திரங்கள் முதலீட்டாளர் ப்ரொடெக்ஶந் நிறுவனம் , ஒன்றுபட்டது கிஂக்டம் நிதி சேவைகள் இழப்பீடு திட்டம் , உட்ஃபோர்ட் பங்கு வருமானம் நிதி , முதலீட்டாளர் ப்ரொடெக்ஶந் நிறுவனம் ,

Bamboo reacts to SEC's move against investment platforms


Bamboo, an
online investments platform that allows Nigerians and other users to access foreign and local securities, on Friday assured investors that their asset were safe.
The platform said this in response to the Securities And Exchange Commission’s declaration that services offered by Bamboo and other similar platforms were illegal.
Richmond Bassey, Bamboo’s Chief Executive Officer, said in a statement that investors’ assets on its platform “remain safe and easily accessible to you.”
“We are already in discussions with the SEC and our broker partner and are fully committed to working with them to ensure your interests as our users are fully protected,” he said. ....

Richmond Bassey , Exchange Commission , Pt Mag Campaign , Securities And Exchange Commission , Financial Industry Regulatory Authority , Us Securities Investor Protection Corporation , Us Federal Deposit Insurance Corporation , Chief Executive Officer , Investor Protection Corporation , Deposit Insurance Corporation , Call Willie , ரிச்மண்ட் பாஸ்ஸி , பரிமாற்றம் தரகு , ட் மாக் பிரச்சாரம் , பத்திரங்கள் மற்றும் பரிமாற்றம் தரகு , நிதி தொழில் ஒழுங்குமுறை அதிகாரம் , எங்களுக்கு பத்திரங்கள் முதலீட்டாளர் ப்ரொடெக்ஶந் நிறுவனம் , எங்களுக்கு கூட்டாட்சியின் வைப்பு காப்பீடு நிறுவனம் , தலைமை நிர்வாகி அதிகாரி , முதலீட்டாளர் ப்ரொடெக்ஶந் நிறுவனம் , வைப்பு காப்பீடு நிறுவனம் , அழைப்பு வில்லி ,

A Chinese-Owned Stock Trading App is Quietly Amassing US Users


Chinese-Owned Stock Trading App Is Quietly Amassing US Users
The U.S. stock market gyrations of 2020 need no introduction.
From the market depths in March, the federal stimulus-funded market rebound, to the meteoric rise of Tesla and recent technology IPOs, the year of COVID-19 has seen a large influx of consumers taking up stock investing. And for these new investors, the platform of choice to trade stocks is Robinhood.
While Robinhood initially popularized the commission-free stock trading model and has amassed more than 13 million users, Webull, a little-known competing app, has steadily been taking market share from Robinhood.
And an even lesser-known fact is that the company behind the app, Webull Financial LLC, is Chinese-owned.  ....

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