Recording Benoit is a Dealing Representative with Bergeron Investments, a mutual fund dealer registered solely in the province of Quebec. Benoit is a resident of Quebec and deals only with residents of Quebec. Which of the following statements is CORRECT with regards to the regulatory environment for Benoit and his dealer? II. iv. Oi and ii Oi and iii Bergeron Investments is regulated by the Autorité des Marchés Financiers (AMF). Bergeron Investments must be a member of the Mutual Fund Dealers Association of Canada (MFDA). The Chambre de la sécurité financière (CSF) can investigate any complaints against Benoit Benoit must be a member of the Mutual Fund Dealers Association of Canada (MFDA). Oii and iv Chat III and iv Whiteboard Access Code 356-360-322 ng 176:34 27 of 100 A Flag for Review Which of the following client transactions would likely generate an immediate taxable event? O John, who reinvested the proceeds from a dividend distribution inside an RRSP account Time O Sylvie, who redeemed an investment that did not grow in value outside an RRSP account O Ken, who received a return of capital payout from a mutual fund outside an RRSP account. Mohamed, who redeemed all of his ABC Fund units and then invested the proceeds toward XYZ Fund units within a non- registered account.
Recording Benoit is a Dealing Representative with Bergeron Investments, a mutual fund dealer registered solely in the province of Quebec. Benoit is a resident of Quebec and deals only with residents of Quebec. Which of the following statements is CORRECT with regards to the regulatory environment for Benoit and his dealer? II. iv. Oi and ii Oi and iii Bergeron Investments is regulated by the Autorité des Marchés Financiers (AMF). Bergeron Investments must be a member of the Mutual Fund Dealers Association of Canada (MFDA). The Chambre de la sécurité financière (CSF) can investigate any complaints against Benoit Benoit must be a member of the Mutual Fund Dealers Association of Canada (MFDA). Oii and iv Chat III and iv Whiteboard Access Code 356-360-322 ng 176:34 27 of 100 A Flag for Review Which of the following client transactions would likely generate an immediate taxable event? O John, who reinvested the proceeds from a dividend distribution inside an RRSP account Time O Sylvie, who redeemed an investment that did not grow in value outside an RRSP account O Ken, who received a return of capital payout from a mutual fund outside an RRSP account. Mohamed, who redeemed all of his ABC Fund units and then invested the proceeds toward XYZ Fund units within a non- registered account.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Transcribed Image Text:Recording
Benoit is a Dealing Representative with Bergeron Investments, a mutual fund dealer registered solely in the province of Quebec. Benoit
is a resident of Quebec and deals only with residents of Quebec. Which of the following statements is CORRECT with regards to the
regulatory environment for Benoit and his dealer?
II.
iv.
Oi and ii
Oi and iii
Bergeron Investments is regulated by the Autorité des Marchés Financiers (AMF).
Bergeron Investments must be a member of the Mutual Fund Dealers Association of Canada (MFDA).
The Chambre de la sécurité financière (CSF) can investigate any complaints against Benoit
Benoit must be a member of the Mutual Fund Dealers Association of Canada (MFDA).
Oii and iv
Chat
III and iv
Whiteboard
Access Code
356-360-322
ng 176:34
27 of 100
A Flag for Review
Transcribed Image Text:Which of the following client transactions would likely generate an immediate taxable event?
O John, who reinvested the proceeds from a dividend distribution inside an RRSP account
Time
O Sylvie, who redeemed an investment that did not grow in value outside an RRSP account
O Ken, who received a return of capital payout from a mutual fund outside an RRSP account.
Mohamed, who redeemed all of his ABC Fund units and then invested the proceeds toward XYZ Fund units within a non-
registered account.
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