The Private Capital Markets Association of Canada (PCMA) supports fair and balanced regulation. This article is part of a PCMA series commenting on the Canadian Securities Administrator’s (CSA) proposal to […]
Summary of the CSA Proposal to provide OBSI binding decision powers of up to $350,000. OBSI to continue its ‘inquisitorial approach’; no additional procedural fairness rights.
The Saskatchewan government has introduced a bill aimed at enhancing investor protection by significantly raising the maximum penalty for securities violations to $1 million and bolstering regulatory enforcement powers. This […]
The Canadian Securities Administrators issued a proposal on Nov. 30, 2023, to give the Ombudsman for Banking Services and Investments binding decision-making powers of up to $350,000, and whose decisions will be unappealable with no review by a securities commission review or requirement that a complainant to pay any costs of such proceedings (i.e., there are no loser-pay rules as in other court proceedings.
