BCSC Chair speaks to Vancouver Board of Trade
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 touches on are:
- 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.
We hope you will find the speech interesting and informative.