EMD Proficiency Exam Preparation
Everything you need to know to pass the Exempt Market Proficiency (EXMP) Exam offered by the Canadian Securities Institute (CSI).
Exam Overview
Topics Covered
The EXMP covers the following key areas. Focus your study across all modules.
The Exempt Market in Canada
- Regulatory framework and securities legislation
- Exempt market fundamentals
- Provincial securities commissions and NI 31-103
Exempt Market Products
- Real estate investments (REITs, MICs, LPs)
- Private equity and venture capital
- Private debt and lending products
- Flow-through shares and tax-advantaged products
Know Your Client (KYC)
- KYC and suitability obligations
- Client risk profiling and investment objectives
- AML/ATF compliance requirements
Registration & Compliance
- DR registration requirements
- Ongoing compliance obligations
- Books, records, and reporting
- Conflicts of interest and ethical standards
Offering Memorandums
- OM structure and key disclosures
- Prospectus exemptions (OM, accredited investor, family & friends)
- Investor rights and withdrawal rights
Business Development
- Marketing and advertising rules
- Client relationship management
- Referral arrangements and compensation
Study Tips
Start with the CSI Course Material
The official EXMP course from the Canadian Securities Institute is your primary resource. Read it cover to cover at least once before focusing on weak areas.
Practice with Sample Questions
Use the mock test below and CSI practice exams. Take them under timed conditions to simulate the real test experience.
Focus on Regulations
Questions about registration requirements, compliance obligations, and prospectus exemptions make up a significant portion of the exam.
Understand Product Types
Know the key features, risks, and suitability of each exempt market product type — REITs, MICs, LPs, and private equity.
Study KYC Thoroughly
KYC, suitability, and AML requirements are critical. Expect multiple questions on client obligations.
Join a Study Group
Connect with other Goodland applicants to discuss concepts, quiz each other, and stay motivated.
Test your knowledge with sample questions similar to the EXMP exam. This is not the official exam — it's a practice tool to help you identify areas that need more study.
Register for the Exam
The Exempt Market Proficiency (EXMP) course and exam are administered by the Canadian Securities Institute (CSI). Visit their website to enroll and access the official course materials.
Important
You do not need to pass the exam before applying to Goodland Wealth. We encourage you to apply first, and we will guide you through the exam preparation process after your application is reviewed.