Canadian Securities Course (CSC) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Canadian Securities Course Exam with our comprehensive practice test. Explore flashcards and multiple-choice questions, each with detailed hints and explanations. Prepare for your CSC exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What entities are subject to oversight by OSFI?

Brokerages
Insurance companies and segregated funds
Stock exchanges
Credit unions

The correct answer is: Insurance companies and segregated funds

Insurance companies and segregated funds are subject to oversight by OSFI. This is because OSFI's role is to regulate and supervise federally regulated financial institutions, including banks, insurance companies, and trust and loan companies. Brokerages, stock exchanges, and credit unions fall under the jurisdiction of other regulatory bodies. For example, brokerages are regulated by securities commissions, and credit unions are governed by provincial credit union associations. Therefore, they are not subject to OSFI's oversight.