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Twitter hacks highlight the need for due diligence online

Posted by Ken at 5/24/2013 9:35:00 AM | 0 Comment

Last month, a tweet stating the US president was hurt in a bomb attack that appeared in the Associated Press Twitter feed caused a dramatic fall in the Dow Jones industrial average.   The Dow quickly recovered when news broke... Read more

Category: Education,Research

Questions from seminars in New West & Burnaby

Posted by Ken at 5/17/2013 3:00:00 PM | 0 Comment

Last month, I was out on the road giving presentations to groups in New Westminster and Burnaby. As usual, both presentations generated lots of conversation and questions from the floor. The session in Burnaby was particularly lively, with everyone asking... Read more

Category: Education,Seminars and outreach

BC Securities Enforcement Roundup – April 2013

Posted by Ken at 5/10/2013 1:00:00 PM | 0 Comment

In April 2013, the BCSC released one settlement agreement and notice of hearing, and IIROC released one decision and a settlement relating to BC residents. The MFDA did not issue any decisions, and a hearing panel declined to approve a... Read more

Category: Advisors,Enforcement

In Your Community - May 2013

Posted by Ken at 5/1/2013 9:15:00 AM | 0 Comment

BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to... Read more

Category: Education,Seminars and outreach

Self-directed investing, is it right for you?

Posted by Ken at 4/26/2013 10:35:00 AM | 0 Comment

Over the past few years, I have read many stories about people who are managing their own money through online brokerage firms.   The trend toward self directed investing gained momentum during the financial crisis when people felt their financial... Read more

Category: Education

CRA tax scam warning and news from regulators

Posted by Ken at 4/19/2013 1:15:00 PM | 0 Comment

With the April 30 tax deadline closing in, we are reminding people to be on the lookout for tax scams.   The Canada Revenue Agency (CRA) publishes a webpage with the top five tax scams, warning that these are illegal... Read more

Category: Warning,Education

Felmina Alliance and Corolla Financial added to caution list

Posted by Ken at 4/12/2013 12:45:00 PM | 0 Comment

On April 2, 2013, the Manitoba Securities Commission warned investors about Felmina Alliance, a “high yield investment” scheme offered through a website and purportedly operating out of New York and or Panama.    The MSC issued the alert because of... Read more

Category: Warning,Enforcement

BC Securities Enforcement Roundup – March 2013

Posted by Brenda B at 4/5/2013 2:35:00 PM | 0 Comment

  In March 2013, the BCSC released one settlement decision. The Commission also issued an Investor Alert on Profitable Sunrise and another on high yield investment programs.   BCSC Settlement Agreement – Symmetry 2 Mortgage Investment Corporation    Symmetry 2... Read more

Category: Advisors,Enforcement

In Your Community - April 2013

Posted by Ken at 3/27/2013 4:20:00 PM | 0 Comment

BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to protect themselves when investing. Where we are this month New ... Read more

Category: Scams,Education,Seminars and outreach

Investor Alert: Watch out for high-yield investment programs

Posted by Ken at 3/22/2013 11:55:00 AM | 0 Comment

The B.C. Securities Commission is warning investors about Internet based “high yield” investment promotions targeting British Columbia residents.   Recently, the BCSC became aware of three entities – Lucra Fund, Profitable Sunrise, and Goldenarium – offering unregistered, high yield investments... Read more

Category: Alert

BC Securities Enforcement Roundup – February 2013

Posted by Brenda B at 3/14/2013 11:00:00 AM | 0 Comment

In February 2013, IIROC released two decisions relating to BC residents as well as announcing that it withdrew allegations against one BC resident. The MFDA suspended a BC resident for failing to pay the fine and costs within the required time frame. The BCSC released no enforcement case documents in February.... Read more

Category: Advisors,Enforcement

Investor Alert: BCSC issues warning about Profitable Sunrise

Posted by Ken at 3/12/2013 2:40:00 PM | 0 Comment

The British Columbia Securities Commission is warning the public not to send money to Profitable Sunrise, an entity that purports to be incorporated and registered in the United Kingdom, and claims to provide short term bridge loans to companies in... Read more

Category: Alert

New InvestRight app video series launched

Posted by Ken at 3/6/2013 8:50:00 AM | 0 Comment

Across Canada this March, institutions, organizations and individuals are embracing the tagline “Recognize it. Report it. Stop it.” in support of Fraud Prevention Month. Educating and empowering the public with the tools and information needed to recognize the investment fraud... Read more

Category: Education

In Your Community - March 2013

Posted by Anne at 3/5/2013 3:30:00 PM | 0 Comment

BCSC staff ambassadors tour the province, helping people to protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills so they can become more informed of steps they should take to... Read more

Category: Education,Seminars and outreach

Being proactive is key in preventing investor fraud

Posted by Ken at 3/5/2013 9:35:00 AM | 0 Comment

Canadian securities regulators are kicking off Fraud Prevention Month this March, by encouraging investors to be proactive in preventing investor fraud by checking to see if your investment advisor is registered.   The Canadian Securities Administrators’ (CSA) 2012 Investor Index... Read more

Category: Education,Research

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