Q1 - Federal legislation ensuring solvency

im6Candiknowitim6Candiknowit
in PRACTICE EXAM

I think CIRCP (Mcdonald) should be for Federal regulation, whereas CIRCAF (Baer) is for Canadian regulation (unspecified as to Federal or Provincial)?

Comments

  • chrisboersmachrisboersma

    Baer:

    There is an important concept from page 73 in the source reading regarding the promotion of solvency through federal and/or provincial legislation.

    Mcdonald

    Recall the discussion of federal and/or provincial legislation from Baer.Intro. There is a very similar question that also appears on the exam, but is concerned only with federal regulation.

    This was updated in January 2019 - some battlecards may need additional review.

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