IIROC partners with Junior Achievement to educate and motivate young people about financial literacy

TORONTO, Nov. 19, 2012 /CNW/ - In time for Financial Literacy Month, the Investment Industry Regulatory Organization of Canada (IIROC) is partnering with Junior Achievement (JA) to educate and motivate young people about financial literacy.

IIROC staff volunteers will be in Greater Toronto Area classrooms on November 21st to teach for one full school day in JA's Economics for Success program.

"Financial literacy and investor education are important elements of investor protection," said Susan Wolburgh Jenah, IIROC President and CEO. "IIROC's partnership with JA complements our broader investor education efforts and lets us contribute to the community in a meaningful way that is aligned with our investor protection mandate."

IIROC offers various investor education tools and resources including online tutorials, webcasts and brochures to help investors make informed decisions.  The IIROC AdvisorReport is a popular online tool which provides background information about advisors at IIROC-regulated firms.  All of IIROC's investor tools and resources can be found online.

IIROC has partnered with the Social and Enterprise Development Innovations (SEDI) non-profit group, which recently released its Financial Literacy Evaluation Project (FLEP), a resource kit of evaluation tools that organizations can use to monitor and improve community-based financial literacy programs.

In addition, IIROC sponsors the Funny Money for High Schools Assembly Program in partnership with the Investor Education Fund (IEF).  This program teaches financial literacy through highly interactive presentations that students can relate too and has had tremendous success with students and teachers across the country.

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IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.  Created in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc., IIROC sets high quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.

IIROC carries out its regulatory responsibilities through setting and enforcing rules regarding the proficiency, business and financial conduct of dealer firms and their registered employees and through setting and enforcing market integrity rules regarding trading activity on Canadian equity marketplaces.

 

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News




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