NSSC Blog: Before You Invest

Question of the Week – Are there rules around forming an investment club?

Not too long ago our general inquiries email received a question from a Nova Scotia investor interested in starting an investment club. He wanted to know if there were any rules or regulations around starting an investment club under securities laws. There are some rules buried in securities laws that can be hard to find. To help you avoid digging through the rules and national instruments we’ll explain these rules and where they are.

Question of the Week – What is a Clearing House?

A clearing house is a third party that acts as a go-between for buyers and sellers in financial markets. They facilitate the exchange of payments involving securities or derivatives transactions. Clearing houses are also responsible for settling trading accounts, clearing trades, collecting and maintaining margin monies, regulating delivery, and reporting trading data.