The fund, which covers client assets in case of bankruptcy, needs to surpass its original $30-million target, says its president
Liability protection extended to MFDA Investor Protection Corp.
Clarifying changes set to come into effect Jan. 1, 2010
IPC currently not covered
But market losses, unsuitable investments and a bankruptcy within a portfolio can’t be addressed through these funds
Responses due April 30
MacLaren to chair working group
Working group to review MFDA Investor Protection Corp.