Fearless:

Thanks for your response. What you say about reading the legislation is true but trite.

I thought it was fully understand by all Forum posters that we were sharing experiences and opinions, not giving or accepting advice into and out of the cyber void. IMHO, it is not necessary to add a disclaimer to posts herein.

Anyway, FWIMBW to anyone interested, Scotia McLeod Direct Investing's rep tells me he's never heard of "true custodial form" and neither has his referees. He says cash account and tax-sheltered accounts are protected by CPIF up to $l,000,000. He further says my shares are registered in my name. He acknowledged that this registration was on the books of Scotia McLeod and what happened to the shares in case of a freeze or insolvency he couldn't say. I reminded him that the USA FDIC which "guarantees" all US bank deposits up to $250.00. was coming under question that it was on the brink of insolvency itself. I doubt if CPIF, whatever it is, is safer than the FDIC.

I'm going to try an email to the Jim Sinclair website again for clarification, but won't be holding my breath!

Yes, I can look at the legislation, but would rather find a good article from a reliable source that covers this issue in layman's terms. Anyone know of such?

Regards, O.F.