In the context of investment, what is an essential role of iROC?

The essential role of iROC, or the Investment Industry Regulatory Organization of Canada, focuses on protecting investors and supporting their access to vital resources and information. This aspect is crucial because it enables investors to make informed decisions based on transparent, accurate, and relevant data. By ensuring that necessary resources and information are readily available, iROC promotes a fair, efficient, and transparent market environment. This not only enhances investor confidence but also contributes to the overall integrity of the financial system.

The focus on providing access to information helps investors understand the risks and benefits associated with different investment products and services, fostering informed decision-making. This preventive approach is far more aligned with investor protection than advocating risky strategies or encouraging speculation, which can often lead to financial losses. Additionally, while tax advice is important in investment planning, it falls outside of iROC's primary mandate, which centers on regulation and oversight rather than personal financial advice or tax strategies.