Investment dealer insolvency doesn’t happen very often. That’s because IIROC, the Securities Commissions, and CIPF require that our Members comply with regulatory procedures. But if insolvency does occur, CIPF is here to protect you.
In fact, since its inception in 1969, there have been 17 Member insolvencies. All eligible customers have had their assets returned to them by CIPF. In total, CIPF has paid $36 million for net claims and expenses.
