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A client has the following accounts with an investment dealer who becomes insolvent Cash account $550,000 Margin account $650,000 RRSP A $450,000 Trust for son

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A client has the following accounts with an investment dealer who becomes insolvent Cash account $550,000 Margin account $650,000 RRSP A $450,000 Trust for son $750,000 Trust for daughter $1,025,000 What is the total amount of his coverage under CIPF? $3, 425,000 $3,200,000 $2,225,000 O $1,200,000

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