Accredited Investor and Offering Memorandum Exemption Case Study

The Accredited Investor (AI) and Offering Memorandum (OM) Exemption Case Study has been developed for professionals who participate in the exempt market in Canada and those who want to learn about the accredited investor (AI) and offering memorandum (OM) exemptions. The AI and OM exemptions are the two most common exemptions that apply to individual investors who want to purchase exempt market securities. The case study focuses on the criteria that investors must meet in order to qualify to purchase exempt market securities under these exemptions.


Standard Course Price $40

Course Information

Delivery Online
Language English
Suggested study time 5 hours
Enrolment period 1 year
Practice exam Not applicable

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  • Individual investors who want to purchase exempt market securities

Format Online unproctored exam
Time permitted 60 minutes
Question format Multiple choice
Passing grade 60%
Attempts allowed 3
Click here!CE Credit Matrix
  • Perform the analysis and complete the financial tests required to determine an investor’s net income, net financial assets, and net worth
  • Determine whether an investor qualifies as an accredited investor under the AI exemption
  • Determine whether an investor qualifies as an eligible investor under the OM exemption
  • Determine the maximum allowable investment permitted in exempt securities in each jurisdiction
  • Determine the maximum investment amount that an investor can invest in exempt securities, given their eligibility and jurisdiction


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