61. What is the role of a financial planner?
a. Providing legal advice in financial matters
b. Assessing the creditworthiness of individuals and businesses
c. Offering comprehensive financial advice and planning services
d. Regulating the activities of insurance companies
62. Which of the following is NOT a type of financial intermediary?
a. Pension fund
b. Venture capital firm
c. Credit rating agency
d. Mutual fund
63. What is the purpose of the Securities Investor Protection Corporation (SIPC)?
a. Regulating the activities of investment banks
b. Insuring investors against losses in case of brokerage firm failures
c. Facilitating international trade agreements
d. Administering insurance claims and payouts
64. What is the role of a stockbroker?
a. Providing loans to individuals and businesses
b. Offering insurance coverage for stock market investments
c. Facilitating the buying and selling of stocks and other securities on behalf of clients
d. Regulating interest rates in the banking sector
65. Which regulatory body is responsible for overseeing the securities industry in Canada?
a. Bank of Canada
b. Investment Industry Regulatory Organization of Canada (IIROC)
c. Office of the Superintendent of Financial Institutions (OSFI)
d. Financial Consumer Agency of Canada (FCAC)
