Canadian Investor Protection Fund

Definition

• A not-for-profit organization formed to protect investors in the event that a CIPF member declares bankruptcy. The Canadian Investor Protection Fund (CIPF) is funded by its members and is capable of providing up to $1,000,000 in coverage.

Website
http://www.cipf.ca/

Relevant Locations
Canada

Established Year
1969

Notes
Non-profit organization that provides investor protection for investment dealer bankruptcy.

Synonyms
investor protection fund

Acronyms
CIPF

Related Terms and Acronyms

• Canada Deposit Insurance Corporation (CDIC) — Company Est. 1967, Ottawa, Ontario, Canada, Important,
  • A crown corporation that provides deposit insurance against the loss of deposits made with member financial institutions.
  ➥ Government of Canada federal crown corporation.
• Chartered Insurance Professional (CIP) — Acronym, Canada, Very Important,
  • A designation for professionals working in the casualty and property insurance industry.
  ➥ See also Fellow, Chartered Insurance Professional (FCIP).
• Chartered Insurance Professionals' Society (CIP Society) — Company,
  • An society for FCIP and CIP graduates.
• Institute of Canadian Bankers — Company,
  • An institute that provides education and training programs specific to professionals in the financial-service industry
• Investment — Definition,
  • Something you put your money into in order to make money.
• Investment Industry Regulatory Organization of Canada (IIROC) — Company, Toronto, Ontario, Canada, Important,
  • An organization that regulates, sets standards, and has quasi-judicial power over securities dealers in Canada.
• Professional Liability Insurance (PLI) — Acronym, Very Important,
  • Insurance that covers professionals for liabilities occurring due to negligence or harm in a product or service they provide.
• Securities/Investment Dealer — Definition,
  • One who acts as the agent for another party to buy and sell securities and other investments; also an underwriter.
• Security — Definition,
  • Property designated as collateral.
  • A tradable financial implement that represents ownership, the rights to ownership or debt.
  • A document stating ownership of a stock or bond.
• Underwriter — Definition,
  • An entity that issues and distributes financial products including equity capital, credit, mortgages, and insurance.