Canadian Securities Administrators Enforcement Report 2017/18
The Canadian Securities Administrators (CSA) published its Enforcement Report for 2017/18. The report covers enforcement activities from securities regulators across Canada, including the British Columbia Securities Commission (BCSC).
Read the CSA’s 2017/18 Enforcement Report
This year’s Enforcement Report focuses on how CSA members worked together to meet evolving regulatory challenges.
Some highlights from the Report include:
- 124 respondents were placed under interim cease-trade, asset-freeze orders or both, preventing further harm to investors
- 43 years of jail time was ordered by the courts for individuals in both quasi-criminal and Criminal Code cases
New Technology, Credit Cards, Binary Options, Cryptocurrencies, and More
The Enforcement Report also details how CSA members enhanced investor protection and regulatory compliance in Canada. Three areas were of particular focus this year: technology and credit card companies; binary options; and cryptocurrencies and initial coin offerings (ICOs).
Learn More about Enforcement at the BCSC
The BCSC’s enforcement division investigates complaints and enforces the Securities Act in B.C. The division also publishes the Investment Caution List, an investor resource that shows unregistered and unqualified investments promoted in B.C.
The BCSC InvestRight monthly Enforcement Roundup summarizes enforcement proceedings in B.C.
If you have any concerns about a person or company offering an investment opportunity, please contact BCSC Inquiries at 604-899-6854 or 1-800-373-6393 or through e-mail at [email protected]. You can also file a complaint or submit a tip anonymous using BCSC’s online complaint form.