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.
BCSC staff ambassadors tour the province, helping people protect themselves from fraud and unsuitable investments. Our goal is to enable BC investors to develop critical thinking skills to inform them of steps they should take to protect themselves when investing. Where we are this month Vancouver Better Business Bureau Top 10 Scams March 5 Media […]
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 Abbotsford Be […]