Course Outline
 

Course Title

  

Specialty Functions

Course Category

    Online
Target Audience  

Back office and operations personnel in banks, securities firms, trust companies, and transfer agents.
Also appropriate for compliance staff, lawyers, accountants and asset managers who require an understanding of securities clearing and settlement.

Continuing Education

  

3 MX CE Credits

Prerequistes

   Introduction to Financial Markets, or a familiarity with securities transactions involving equities, debt instruments, options and futures, and the basic features of these instruments.
Objectives   Upon completion of this course, participants will be able to:
1.Understand the special procedures required to handle corporate actions, tax treatment, registered accounts, mutual funds, foreign exchange transactions, and securities lending.
2.Appreciate the business consequences relating to communications risk for corporation actions, tax risk for RRSPs, and credit risk for securities lending.
Subject by level  

Topics  

Specialty Functions

Section 1: Corporate Actions
-  Types of Corporate Actions
-  How Corporate Actions Affect Options
-  Understanding Operational Risk

Section 2: Tax Treatment
-  Tax Events
-  Foreign Concerns

Section 3: Registered Accounts
-  Types of Canadian Registered Accounts
-  Types of U.S. Registered Accounts
-  Risks of Managing Registered Accounts

Section 4: Mutual Funds
-  How Mutual Funds Differ

Section 5: Foreign Exchange Transactions
-  Cash Transactions
-  Futures Transactions

Section 6: Securities Lending
-  Why Firms Borrow Equities

Conclusion

 
Duration   This online course is equivalent to an in-class course with a duration of 3 hours. Online courses are self-paced, and the time necessary to complete each course will vary with each student
Time to comple the course   Six months (user account can be deactivated after this period)
Date   Available now
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