How are you protected? Below are the institutions that Harbourfront has aligned with in order to make sure your money is safe.
National Bank Independent Network is Harbourfront’s custodian for client assets. Client accounts are held with NBIN, a division of National Bank Financial. National Bank is a chartered bank, as well as one of Canada’s oldest financial institutions and the largest provider of back-office support for IIIROC firms. Currently, NBIN manages 160 billion in custodial assets.
Harbourfront is a member of the Canadian Investor Protection Fund. By having an account with Harbourfront you have automatic CIPF coverage. CIPF is sponsored by the Investment Regulatory Organization of Canada (IIROC) and is the only compensation fund approved by the Canadian Securities Administrators for IIROC Dealer Members.
The Investment Industry Regulatory Organization of Canada (IIROC) is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.