RRSP

The clincher, he said, was that the investment could be put in his RRSP.

In a subsequent memo to Dowling, the compliance officer wrote that syndicated mortgages were being “funded by everyday consumers – mom and pop investors. The marketing is heavy hitting and very glossy. … The hook is that they are registered under a self-directed RRSP.”

The clincher, he said, was that the investment could be put in his RRSP.

In a subsequent memo to Dowling, the compliance officer wrote that syndicated mortgages were being “funded by everyday consumers – mom and pop investors. The marketing is heavy hitting and very glossy. … The hook is that they are registered under a self-directed RRSP.”