IIROC staff teach students the basics of financial success

Ongoing Junior Achievement partnership supports youth financial literacy

TORONTO, Nov. 19, 2014 /CNW/ - To highlight Financial Literacy Month, the Investment Industry Regulatory Organization of Canada (IIROC) will be bringing knowledge from the world of business to the classroom.

Staff-volunteers from IIROC's Toronto office are teaching Junior Achievement's Economics for Success financial literacy program on November 28 in Greater Toronto Area classrooms. Through the day-long agenda, local Grade 8 students are encouraged to learn the fundamentals of personal finance, especially the link between financial knowledge and personal goals.

"Volunteers from the business community are instrumental to the program's ability to help young people understand basic financial concepts and learn practical skills that will help them make good financial decisions in everyday life," said Jane Eisbrenner, President and Chief Executive Officer of Junior Achievement of Central Ontario. "We are pleased to once again have IIROC staff taking part in this meaningful work."

This is the third consecutive year of IIROC's participation in the program as part of an ongoing partnership with JACO and other chapters across the country. IIROC staff in Vancouver also expect to participate in the Economics for Success program in that region later this year.

"By supporting Junior Achievement's Economics for Success program, IIROC is giving students the opportunity to put basic concepts such as saving and budgeting into practice, to help them better manage their finances and make responsible and informed financial decisions in daily life," said IIROC Vice President of Public Affairs, Lucy Becker.

IIROC's partnership with JACO is one of many initiatives to support financial literacy and investor education. To learn more about this work and to access IIROC's suite of investor resources, visit the web site at www.iiroc.ca.

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 marketplaces.

SOURCE: Investment Industry Regulatory Organization of Canada (IIROC) - General News

June Yee, Manager, Corporate Communications, 416 943-6921, [email protected]; Karen Archer, Senior Media & Public Affairs Specialist, 416 865-3046, [email protected]

Related Links

http://www.iiroc.ca