Canadian Investor Protection Fund - CIPF
A Canadian not-for-profit organization set up by the investment industry designed to protect investors from the bankruptcy of an individual investment firm.
Accounts are covered for up to $1 million in shortfall of securities, commodity and futures contracts, segregated insurance funds and cash. Shortfall is the difference between the market value of the account and what the insolvent company can return to the customer.
|||While investment firms rarely become insolvent, the CIPF exists to protect the investment accounts of customers.
The size of the fund's resources is close to $300 million.
Accounts are covered for up to $1 million in shortfall of securities, commodity and futures contracts, segregated insurance funds and cash. Shortfall is the difference between the market value of the account and what the insolvent company can return to the customer.
|||While investment firms rarely become insolvent, the CIPF exists to protect the investment accounts of customers.
The size of the fund's resources is close to $300 million.
附件列表
词条内容仅供参考，如果您需要解决具体问题
（尤其在法律、医学等领域），建议您咨询相关领域专业人士。
如果您认为本词条还有待完善，请 编辑
上一篇 Canadian Deposit Insurance Corporation - CDIC 下一篇 Canadian Mortgage and Housing Corporation - CMHC