Securities license canada

It takes from two to 10 days in Nova Scotia and up to 30 days in Ontario. Like other professional licenses, a Canadian security guard or bodyguard license has an expiration date. License holders must renew by submitting a renewal application and paying a renewal fee. How many years a security license is good for depends on the province:. Lindsey's writing experience spans a variety of business-related industries, including real estate, personal finance, marketing and community organizations.

Earning a business minor gave her a love for all things business-related, from the marketing to the accounting, an interest that shows through her work. By Lindsey Thompson Updated February 06, Each applicant must also pay the test fee.

The test fee differs for each province:. Alberta — 2 years. British Columbia — 1 year. Manitoba — 1 year. New Brunswick — 2 years. Bond Market Trading. Bond Indexes. In this chapter, you will learn the basic features of equity securities, a category that includes common and preferred shares. We explain the investment considerations of the two broad categories, and we compare the advantages and disadvantages of investing in either type. Finally, we describe the important role played by Canadian, U.

Common Shares. Preferred Shares. Stock Indexes and Averages. In this chapter, you will learn about the characteristics of equity transactions.

First, we will discuss the difference between a cash account and a margin account, and between long and short positions. We will then discuss in detail margin account transactions and short selling rules, techniques, and risks. You will also learn how trades are conducted and settled, and finally how securities are bought and sold through different types of orders.

Cash Accounts and Margin Accounts. Margin Account Transactions. Trading and Settlement Procedures. How Securities Are Bought and Sold. In this chapter, you will learn all about derivatives—what they are, what their underlying assets consist of, and who uses them. You will also learn about the different categories of derivatives, including options, forwards, and futures contracts. Finally, you will learn about the rights and warrants by which investors benefit from the underlying stock on which derivatives are based.

The Role of Derivatives. Types of Underlying Assets. The Users of Derivatives. Forwards and Futures. Rights and Warrants.

In this chapter, you will learn about the three types of business structures, with a particular focus on the corporate structure. You will then learn about the various types of financial statements that corporations use to track their financial position and performance. In the context of public corporations, you will learn the rules of disclosure and the statutory rights of investors. Finally, you will learn the regulations around takeover bids and insider trading. Corporations and Their Structure.

Financial Statements of a Corporation. The Annual Report. Public Company Disclosures and Investor Rights. Takeover Bids and Insider Trading. In this chapter, you will learn about the process by which governments and corporations raise debt or equity capital and bring their securities to market.

You will learn about prospectus requirements and the process of after-market stabilization. You will also learn the means by which securities are distributed through the exchanges, as well as the methods of distributing securities other than on an exchange.

Finally, you will learn about the listing process, including the advantages and disadvantages of listing and the circumstances under which trading privileges can be withdrawn.

Government and Corporate Finance. The Corporate Financing Process. Bringing Securities to the Market. Other Methods of Distributing Securities to the Public.

The Listing Process. In this chapter, you will learn how analysts use statistical, market, and industry information to value securities and make recommendations on their purchase or sale. You will learn about two methods of analysis: fundamental analysis and technical analysis. In the previous chapter, we examined fundamental analysis from a macroeconomic and an industrial perspective. In this chapter, we discuss company analysis, which fundamental analysts use to measure the actual or expected profitability of the securities issuer.

You will learn to examine financial statements and use various financial ratios to determine whether a company is a good prospect for investment. In this chapter, we introduce you to the different techniques used to analyze and measure risk and return in a portfolio. You will also learn the formulas used to calculate and interpret expected return and identify strategies for maximizing return while reducing risk.

Finally, we will discuss the different management styles used in equity and fixed-income portfolios. In the previous chapter, you learned about the basic skills of investment management using a portfolio approach. In this chapter, you will learn to apply those skills within a seven-step portfolio management process.

In this chapter, we provide a brief introduction to managed products. We then focus specifically on one of the most widely recognized managed products-mutual funds.

We discuss various mutual fund structures and explain the rules and regulations of the industry. We then discuss the importance of Know Your Client and suitability requirements in the context of mutual funds. Finally, you will learn about the requirements around documentation and disclosure.

This chapter will discuss the features and risk characteristics of the various types of mutual funds. You will learn about the different fund management styles and strategies, and the theories behind them. You will also learn how to make appropriate recommendations, including price calculation, the various types of withdrawal plans, and the tax consequences of redemption. Finally, you will learn how mutual fund performance is measured and how to assess the performance of one fund against that of another.

In this chapter, you will learn about the regulation, structure, and taxation of exchange-traded funds. We will also discuss features, risks, and various types of exchanged-traded funds, as well as common strategies. In this chapter you will learn about alternative investments, including hedge funds and alternative mutual funds. You will learn about the benefits and risks of investing in these types of products, and you will learn the structure of alternative investments and how they differ from conventional mutual funds.

In this chapter you will learn about a variety of alternative investment strategies and performance measurement tools.

You will also learn about a comprehensive due diligence process and finish with a brief discussion about the suitability of alternative strategies. In this chapter, you will learn about additional types of managed products, including their structure and characteristics, their regulatory issues and tax considerations, and their comparative advantages and disadvantages.

Labour-Sponsored Venture Capital Corporations. Experience necessary for licensure may be acquired in a variety of ways:. Passing the U. All securities exams must be passed within 36 months of applying for securities registration.

As of , all investment advisers in Canada must register with the National Registration Database , and the individual investment adviser representatives that work for them must also be registered with NRD. This applies to both firms and individuals, who sell securities, offer investment advice or manage investment funds. Canadian securities regulations are known as the National Instrument Registration Requirements and Exemptions.