An investor places $200,000 in a discretionary account and makes all trades based on his own research. Three years later the account is worthless. To somehow recover his money, the investor can:
A) file a claim with the CIPF.
B) file a lawsuit.
C) request an arbitration hearing.
D) file a claim with the provincial securities commission.
E) none of the above.

Question

Quizplus · Accepted Answer

Since the investor made all trades based on his own research, he is responsible for the losses, and none of the options provided would be applicable for recovering his money.

An Investor Places $200,000 in a Discretionary Account and Makes