Canadian securities regulators are recognizing Fraud Prevention Month this March by encouraging investors to take early and proactive steps in protecting themselves from investment fraud.
Securities regulators stress that being an informed investor is the best defence against investment fraud. The CSA website offers several free educational tools and resources for investors, including how to check the background of an individual or firm, what to ask when choosing a financial adviser, and how to maintain a successful working relationship with an adviser.
The CSA also offers the National Registration Search, a tool that allows investors to easily check if a firm or individual is registered to sell securities or offer investment advice in their jurisdiction. Canadian securities regulators will only register firms and individuals that meet specific qualifications and standards.
The CSA is encouraging investors nationwide to participate in Check Registration Day on March 19, 2014. Visit www.aretheyregistered.ca to use the National Registration Search to see if your investment individuals or firms are registered in your jurisdiction.
If you discover that the person you are dealing with is not registered, call or email the BC Securities Commission immediately.
April 23, 2009 Vancouver/Calgary – With the recent increase in public inquiries regarding investments in real estate securities, the Alberta Securities Commission (ASC) and the British Columbia Securities Commission (BCSC) are urging people who are considering this type of investment to do their homework before investing. “Many of these investment opportunities are offered by private […]
December 22, 2008 The British Columbia Securities Commission is publishing an Investment Caution List to warn investors about unregistered companies that have contacted B.C. residents to open brokerage accounts, or buy unqualified investments that may not comply with securities laws. “The BCSC helps protect investors from unsuitable and potentially fraudulent investments through investor education and warnings,” said Brenda Leong, […]