On Tuesday, Brenda Leong, the BCSC Chair & CEO, gave a speech to the Vancouver Board of Trade entitled: Inspiring Investor Confidence: Building competitive and innovative capital markets in BC.
In the speech, Leong talked about how the BCSC is protecting investors. To make her point, she emphasized the BCSC’s recent work in two areas: criminal enforcement and the private placement market.
Leong highlighted the work of our criminal enforcement team, which refers cases to Crown Counsel. Since the team’s formation in 2007, Crown has laid 346 charges in connection with 26 cases. This work resulted in charges against 27 people, and 10 convictions. She also discussed the work the BCSC has done to provide better protection to those who choose to invest in private start-up companies.
Other issues Leong’s speech touched were:
- what happens to regulators when dealing with a financial crisis;
- what the BCSC is doing to restore investor confidence in BC; and,
- the work we are doing on derivatives regulation, proxy voting and crowdfunding.
Learn more about BCSC Enforcement.
March 5, 2008 Vancouver – The British Columbia Securities Commission and the Manitoba Securities Commission are investigating an investment that offers people an unusually high annual return – 87.5 per cent – and commissions for bringing in new investors. The regulators have reports that residents of British Columbia and Manitoba (as well as elsewhere in […]
This week, we are rolling out an updated version of our Be Fraud Aware mobile application that you will see advertised on and around public transit across the Lower Mainland. The updated app is now available for Android devices, and it includes a new tool, the Fraud Challenge. The Fraud Challenge is a five-question quiz […]