Mutual funds are prohibited from purchasing/participating in the FI loan sales market by OSFI.

Question

Quizplus · Accepted Answer

The Office of the Superintendent of Financial Institutions (OSFI) in Canada does not prohibit mutual funds from participating in the FI loan sales market. Regulations may vary, but mutual funds can generally invest in a variety of financial instruments, including loans, subject to their investment policies and regulatory guidelines.

Mutual Funds Are Prohibited from Purchasing/participating in the FI Loan