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Which organization oversees the regulation of the financial sector in Canada?

Canadian Securities Administration (CSA)

IIROC

Mutual Fund Dealers Association (MFDA)

Office of the Superintendent of Financial Institutions (OSFI)

The correct answer is D. The Office of the Superintendent of Financial Institutions (OSFI) is the organization responsible for overseeing the regulation of the financial sector in Canada. OSFI is an independent agency of the Government of Canada that supervises and regulates banks, insurance companies, trust companies, loan companies, and pension plans to ensure the soundness and stability of the financial system. The other options, the Canadian Securities Administration (CSA), the Investment Industry Regulatory Organization of Canada (IIROC), and the Mutual Fund Dealers Association (MFDA) have specific roles related to securities regulation, but they do not oversee the entire financial sector in Canada like OSFI does.

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