People interested in investor protection or education news and programs across Canada can now follow the Canadian Securities Administrators (CSA) on Twitter (@CSA_News).
The CSA will begin tweeting about key sections of its 2011 Enforcement Report released today that outlines how Canadian securities regulators are actively working to protect investors and prevent abusive conduct in the marketplace. Key highlights of the report include proactive measures taken by CSA members, such as using protective orders and communicating with investors, to prevent harm.
This year’s report demonstrates that enforcement action against wrongdoing in Canada’s capital markets is a top priority for Canadian securities regulators. CSA members concluded a total of 124 cases in 2011, involving 237 individuals and 128 companies. Of these cases, 24 were concluded in court proceedings, which resulted in nine jail sentences against eight individuals.
The CSA’s 2011 Enforcement Report is available for the first time in HTML format in which readers can navigate to specific sections of the report quickly and easily. The report also comes out in advance of Fraud Prevention Month in March, which highlights tools and resources Canadians can use to recognize and avoid investment fraud, and lets them know that they can turn to securities regulators for help.
As this year’s Fraud Prevention Month winds down, we thought that it would be good to point you to a resource from the Competition Bureau that you can you can use to identify different types of scams throughout the year. The Little Black Book of Scams is a guide that Canadians can use to protect […]