Question 6:
You are opening a new account and your investment advisor presents you with a stack of documents that must be signed. You notice that some of the documents are incomplete. When you ask your advisor about this he informs you that he will just fill in the blanks for you later on. What should you do?
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CORRECT!
You should never sign any form that is not complete. A form that is signed in blank or only partially complete exposes you to a greater risk of fraud as the document can be completed with false information and used for fraudulent purposes. If you are ever presented with a blank or incomplete document you should refuse to sign it or only sign it only after recording the missing information on the document.
As of January 1, 2023 the MFDA and IIROC have come together as New Self-Regulatory Organization of Canada (New SRO).
New SRO has assumed the regulatory responsibilities of the MFDA and IIROC.
We have set up an interim website for updates and information related to the New SRO including:
Executive Management
Governance
New SRO Rules
Member Application
Investor Office and the Investor Advisory Panel
Information concerning mutual fund dealers registered in Québec
Complaints
Careers
Enforcement proceedings, membership lists, continuing education, investor education resources and any other information not set out above continue to reside on www.mfda.ca and www.iiroc.ca.
