Chapter 3 - Risk Management

Question 1

Who Creates the IIROC RTR (Risk Trend Report)

Answer 1

IIROC Surveillance & Compliance Division

Question 2

What 3 sources provide the information for the RTR

Answer 2

1. FIN-OP
2. BCC - business conduct compliance
3. COMSET

Question 3

What is regulatory Risk?

Answer 3

risk associated with a dealer’s ability to understand, acknowledge and comply with evolving Regulatory Requirements

Question 4

What is Emerging Issue Risk?

Answer 4

Risk arising from rapid change in the industry combined with product and process innovation.