1.3.The following are authorized financial institutions:
(1) insurers authorized under the Insurers Act (chapter A-32.1);
(2) financial services cooperatives within the meaning of the Act respecting financial services cooperatives (chapter C-67.3);
(3) trust companies authorized under the Trust Companies and Savings Companies Act (chapter S-29.02);
(4) authorized deposit institutions other than financial institutions referred to in paragraphs 1 to 3; and
(5) legal persons registered as dealers or advisers under the Derivatives Act (chapter I-14.01) or the Securities Act (chapter V-1.1) or registered as investment fund managers under the latter Act.