Effective January 1, 2026, the proficiency rules applicable to Investment Dealer Approved Persons with CIRO have changed. This course is no longer acceptable for the purposes of CIRO approval with an Investment Dealer.
For more information, visit the CIRO Proficiency website.
What will you learn about?
- Securities regulation and the capital markets in Canada
- Making ethical decisions and corporate governance
- Senior officer and director liability
- Managing significant areas of risk
- Financial compliance and capital requirements
- Consequences of non-compliance
- Private client brokerage business
- Discount brokerage business
- Investment banking business
- Uniform minimum capital requirements
- Distribution of securities
What is the course syllabus?
Topics covered in this chapter are:
- Executive Registration Category
- Risk Management Overview and The Role of an Executive
- The Essential Nature of Risk
- Culture of Compliance
- Summary
Topics covered in this chapter are:
- Introduction
- Overview of the Regulatory Environment
- The Criminal Code of Canada
- Civil and Common Law Obligations and Liabilities
- Summary
Topics covered in this chapter are:
- Introduction
- Evolution of the Private Client Investment Industry
- Business Models
- Account Types and Sources of Revenue
- Profitability Drivers
- Compliance and Risk
- Client Experience and Value Proposition
- Summary
Topics covered in this chapter are:
- Introduction
- Business Models Providing Online Investment Services
- Key Risk for Online Investment Businesses
- Key Success Factors for Online Investment Businesses
- Measures and Trends
- Summary
Topics covered in this chapter are:
- Introduction
- Structure of an Investment Bank
- Front Office Functions
- Trends and Challenges
- Summary
Topics covered in this chapter are:
- Introduction
- Bringing Securities to the Market
- Exempt Issues
- Maintaining Publicly Trading Status
- Special Considerations for Investment Dealers
- Summary
Topics covered in this chapter are:
- Introduction
- Overview of Ethics
- Ethics in the Organization
- Understanding Ethical Dilemmas
- Resolving Ethical Dilemmas
- Summary
Topics covered in this chapter are:
- Introduction
- Defining Corporate Governance
- Corporate Governance Systems
- The Principles of Corporate Governance
- Special Considerations for Directors of Investment Companies
- Special Considerations for Investment Dealer Governance
- Governance in Canada and Around the World
- Summary
Topics covered in this chapter are:
- Introduction
- Nature of a Corporation
- Duties of Directors
- Financial Governance Responsibilities
- Statutory Liabilities
- Summary
Topics covered in this chapter are:
- Introduction
- Objectives of Risk Management
- Risk Management Framework
- Types of Risk
- Summary
Topics covered in this chapter are:
- Introduction
- Creating an Effective Risk Management System
- Internal Control Policies
- Opening New Accounts
- Account Supervision
- Recordkeeping and Reporting Requirements
- Dealing with Money Laundering and Terrorist Financing
- Privacy and Cybersecurity
- Summary
Topics covered in this chapter are:
- Introduction
- The Regulatory Requirement for Minimum Capital
- Capital Formula
- The Early Warning System
- Failure To Maintain Adequate Risk Adjusted Capital
- Summary
Topics covered in this chapter are:
- Introduction
- Clients’ Complaints to a Dealer Member
- Internal Investigations
- External Reviews and Investigations
- Civil and Criminal Proceedings
- Summary
How will you learn?
CSI’s online learning system helps you meet your study goals. You’ll benefit from:
- Learning objectives that keep you focused
- Online post-chapter review questions to assess your progress
- Course updates to ensure you’re learning the most current and up-to-date practical material in your studies
- Assistance from CSI’s academic support specialists
Course Completion, Wall Certificate and Digital Badge
Upon successfully completing this course, you will be able to download a Notice of Course Completion available through your student profile. This will remain on your profile as formal confirmation of course completion.
You can also accept a digital badge through your student profile after successful course completion. Digital badges are portable image files that allow you to share your credentials across the web. You can post them to your email signature, personal website, social media channels—even to electronic copies of your resume.
CSI will mail you a wall certificate within 4 – 6 weeks of course completion. Frames to display your certificate are available. Please ensure that your First and Last Name on your profile matches your First and Last Name on your Government Issued Photo identification – this will ensure you receive an accurate certificate.
CSI will be pleased to issue an Honours Certificate to all students who obtain a final course mark of 85% or higher.