Category: FundsHeres
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Canada Says No to Lower Margin Rates for Crypto Funds—Here’s Why
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Canadian Investment Organization (CIRO) Declare Current currency funds will be excluded from the list of qualified securities to obtain a lower margin (LSERM), a quarterly list that determines the securities qualified for reduced marginal rates. CIRO, effective, from February 5, cited “high fluctuations, liquidity fears, and organizational doubts” surrounding the…