As part of Financial Literacy Month, the Investment Industry Regulatory Organization of Canada (IIROC) has worked with Better Business Bureau (BBB) to distribute an Investor Knowledge Quiz to help Canadians strengthen their financial knowledge and skills.
The Investor Knowledge Quiz is designed to test the public’s basic understanding of investing and will be distributed across the country through BBB’s network.
For the second consecutive year, IIROC and BBB are working together to encourage Canadians to test and improve their investment knowledge so they can make more informed decisions.
“Investor education is critical to investor protection so IIROC is challenging Canadians to take this quiz and think seriously about improving their financial and investment knowledge,” said Lucy Becker, IIROC vice president, public affairs.
“Millions of consumers turn to Better Business Bureau every month to help them find companies they can trust for purchases and investments,” says
“We are delighted to partner with IIROC to get this information into the hands of as many Canadians as possible so that we can help people increase their financial literacy and become more aware of possible scams,” said Spencer Nimmons, vice president of Business Relations (Canada) at the Council of Better Business Bureaus, the umbrella organization for 112 local, independent BBBs across Canada and the United States.
During last year’s Financial Literacy Month, IIROC launched a Glossary of Financial Certifications to help Canadians make sense of the wide range of certifications in use.IIROC embarked on a partnership with BBB to distribute 40,000 bookmarks throughout the country to inform the public about this online service.