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CIRO Trader Exam · CIRE

Element 1 — Regulatory Framework

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Question 1

A retail investor holds the following accounts with a CIRO-regulated dealer that suddenly becomes insolvent: $400,000 in a Cash account, $500,000 in a TFSA, $300,000 in a Margin account, $900,000 in an RRSP, and $200,000 in a Spousal RRSP. What is the exact total compensation the Canadian Investor Protection Fund (CIPF) will provide?