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.
Scam artists will use your good intentions of giving to their advantage during the holidays. Be an informed investor and learn the warning signs of fraud this season with this Christmas-themed song. Sing the InvestRight carol (sung to the tune of Rudolf the Red Nosed Reindeer). You heard of advisor misconduct And market […]
Recent media coverage mentioning prime bank schemes is a reminder to people that they need to investigate before they invest. Scams come and go, and prime bank schemes are no different. These schemes usually operate as Ponzi schemes that eventually collapse, leaving investors holding the bag. The information below should help you understand what a […]