🔥 Daily ChallengeCIREOverview of Canadian securities regulatory frameworkEasy
To be approved as an Associate Portfolio Manager (APM), an individual must demonstrate a specific amount of experience. What is the minimum requirement?
Four years of relevant investment management experience, with at least one year in the 3 years prior to application.
Five years of experience with an Investment Dealer, with three years in a compliance capacity.
One year of relevant investment management experience gained in the 3 years prior to application.
Two years of relevant investment management experience within the 3 years prior to application.Correct
Why
Correct. Under Rule 2603(1)(ii)(b), an APM requires a minimum of 2 years of relevant experience within the 3 years prior to application.
