CFIS definition
Examples of CFIS in a sentence
Interest on Cash Balances in CAM or CFIS Plans: No interest on the Canadian Dollar Accounts will be paid.
The KYC information and other factors that guide my CFIS Representative as to an investment’s suitability include what my Representative understands to be my current: • Financial situation - What financial assets (e.g. deposits, investments etc.) and liabilities (e.g. debt, mortgage etc.) I have and the sources and amount of my income.
My CFIS representative understands and can clearly explain to me, the reasons that a specific security is appropriate and suitable for me.
I agree that CFIS shall not be liable in any way with respect to the termination, closure, transfer or liquidation of my Account.
CFIS is registered as an Introducing mutual fund Dealer under applicable securities legislation and is a member of the MFDA.
CFIS does not provide benchmark comparisons in account reporting.
CFIS shall not incur any liability by reason of acting or not acting on or because of any error in such instructions.
A credit balance may be commingled with CFIS general funds and used for the purposes of your business.
This will help my CFIS Representative determine how to balance the desire to earn income and/or increase my capital through growth in the market value of my holdings/Account.
Any debit balance in my Account shall bear interest at such rate as we shall establish from time to time for CFIS clients generally, and CFIS is not obliged to notify me of any change in such rate.