TORONTO, March 8, 2013 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) is
encouraging investors to use its free online service, AdvisorReport, to do background checks when selecting an advisor as part of Fraud
IIROC's AdvisorReport is a popular and easily-accessible online tool that allows investors to research the background, qualifications and
disciplinary information on advisors with whom they choose to work. It
is another useful resource to help investors be better informed and
conduct "due diligence" on their IIROC-regulated investment advisors.
Also, this month, over 250,000 IIROC bookmarks are being distributed
throughout libraries across the country to raise awareness about this
"IIROC's mandate includes a strong focus on investor protection and we
continue to develop and promote resources, like AdvisorReport, to help investors make informed decisions," said Lucy Becker, IIROC
Vice President, Public Affairs.
IIROC offers various investor tools and resources including tutorials,
webcasts and brochures which can be found online.
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 by creating and
enforcing rules regarding the proficiency, business and financial
conduct of dealer firms and their registered employees and through the
creation and enforcement of market integrity rules regarding trading
activity on Canadian marketplaces.
SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - General News
For further information:
Vice President, Public Affairs
Senior Media and Public Affairs Specialist