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 document stating ownership of a stock or bond.
    • A tradable financial implement that represents ownership, the rights to ownership or debt.
  • Underwriter Definition,
    • An entity that issues and distributes financial products including equity capital, credit, mortgages, and insurance.
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