What does iROC stand for?

The selected answer, "Investment Regulatory Organization of Canada," is correct as iROC serves as an essential body overseeing investment-related regulations within Canada. This organization is responsible for the regulatory framework that governs investment dealers and trading activities, ensuring that these entities operate within the bounds of established laws and regulations, which helps maintain market integrity and protects investors.

iROC plays a crucial role in setting and enforcing standards for qualifications, conduct, and compliance among investment professionals in Canada. By doing so, it aims to foster confidence in the financial system and ensure that market participants adhere to principles of fair dealing.

Understanding the role and responsibilities of iROC within the Canadian financial landscape can help professionals grasp the significance of regulatory bodies in maintaining market stability and investor trust.