6. The Canadian Bankers Association, the Mutual Fund Dealers Association, and the Insurance Bureau of Canada are each an example of:

a) investor advocacy groups

b) institutional regulators

c) sector coordinators

d) clearing houses

7. Having the need for a place to deposit money and a source from which loans can be obtained are the primary reasons behind:

a) the theory of banking

b) the demand for liquidity

c) asset allocation

d) money conversion

8. Institutional regulation of Canadas investment dealers and brokerage firms is provided by the:

a) ARCA

b) CASC

c) WNBA

d) IIROC

9. A person has a greater likelihood of being approved for a loan, and also of receiving a lower interest rate on that loan, if they:

a) have a good reason to borrow the money

b) have no previous loans

c) have a high credit score

d) have a guarantor

10. Some mutual funds will charge a fee to their clients when the client sells the units (or shares) that the client holds in that mutual fund. That fee is known as a:

a) termination charge

b) disposal fee

c) back-end load

d) transaction levy