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Industry news

CASLA and FinTuition launch new course


08 July 2011 Toronto
Reporter: Ben Wilkie

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Image: Shutterstock
The Canadian Securities Lending Association has selected FinTuition as its partner in launching its new education initiative. CASLA and FinTuition will offer a one-day course designed to give attendees an introductory overview of securities lending, examining its features, characteristics and operations both in Canada and abroad.

鈥淲e are extremely pleased to partner with FinTuition to bring an accessible introduction to securities lending to Canada,鈥 said Robert Chiuch, president of CASLA. 鈥淟aunching this course is an important step in our efforts to help both market participants and the public better understand both the practices and the impacts of securities lending.鈥

鈥淩egulators around the world have acknowledged the critical role that securities lending plays in today鈥檚 capital markets, yet securities lending often remains misunderstood," said Roy Zimmerhansl, owner and principal of FinTuition.

"CASLA鈥檚 efforts will lead to improved knowledge of the business amongst Canada鈥檚 large and sophisticated investment community during what is still a challenging environment. We are very pleased that CASLA has selected FinTuition to help inform and educate the markets, media and other interested parties.鈥

The "Introduction to Securities Lending" course is designed to help participants build a general understanding of the securities lending business, its practices and its procedures. The course is also intended to provide a more comprehensive introduction for those with a high-level understanding of the subject, but would like more detail on what securities lending is, its important role in the capital markets, and the best practices for market participants.
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