TORONTO, Nov. 28, 2011 /CNW/ - Just in time for Financial Literacy
Month, the Investment Industry Regulatory Organization of Canada
(IIROC) in partnership with the Investor Education Fund (IEF), is
pleased to announce the extension of its funding and sponsorship of the
Funny Money for High Schools Assembly Program.
The program has been a tremendous success with students and teachers
across the country. Over the past three years, more than 200,000
students have learned more about the basics of financial literacy as a
result of nearly 500 presentations made coast to coast.
"Funny Money is unique because it uses humour to connect and capture the
attention of high school students, on topics that can be difficult to
make engaging. To teach financial literacy to youth and make a lasting
impression, we have to really speak their language and Funny Money does
that," said Tom Hamza, president of IEF.
"Funny Money makes financial literacy and learning a stimulating and fun
experience. We welcome the opportunity to continue to extend this
program's reach," said Susan Wolburgh Jenah, president and CEO of
IIROC. "Our support of this program is in line with our mandate to
protect investors by continuing to educate people of all ages so they
can make more informed decisions."
IIROC, which began sponsoring the program in 2009 to expand the program
nationally, in conjunction with IEF, has committed funding for 100
shows per year over the next two years, to complement IEF's annual
The Funny Money program offered throughout the country in French and
English, provides lessons on saving, budgeting, debt management and
investing, by using real-life scenarios to teach youth about spending
habits, the dangers of credit card debt and the benefits of saving and
Award-winning Funny Money teaches financial literacy through highly
interactive, entertaining and humorous presentations which use language
and scenarios that senior high school students can relate to. Hour long
performances are delivered by nationally recognized comedians James
Cunningham, Steve Levine and Denis Grignon.
Funny Money also features a cartoon series with five episodes accessible
on YouTube that have received close to 96,000 hits. Funny Money also
has a Facebook page with more than 4,500 fans.
Investor Education Fund - Investor Education Fund (IEF) offers unbiased financial information to
the general public via www.GetSmarterAboutMoney.ca, and to students through its Taking Stock in Your Future, the Globe &
Mail, the Toronto Star and Funny Money for High Schools assembly
programs. The not-for-profit organization was established by the
Ontario Securities Commission (OSC), and is funded through OSC
enforcement settlements. IEF was awarded Gold for Leadership and
Innovation in the 2010 Public Sector Leadership Awards.
Investment Industry Regulatory Organization of Canada (IIROC) - IIROC is the national self-regulatory organization which oversees all
investment dealers and trading activity on debt and equity marketplaces
in Canada. Created in 2008 through the consolidation of the Investment
Dealers Association of Canada and Market Regulation Services Inc.,
IIROC sets high quality regulatory and investment industry standards,
protects investors and strengthens market integrity while maintaining
efficient and competitive capital markets. IIROC carries out its
regulatory responsibilities through setting and enforcing rules
regarding the proficiency, business and financial conduct of dealer
firms and their registered employees and through setting and enforcing
market integrity rules regarding trading activity on Canadian equity
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information: