The Canadian Securities Administrators released their fifth report on enforcement activities today.
The report reveals that between April 1 and Sept. 30, 2006, the regulators pursued 57 new enforcement matters. They also concluded 59 cases that resulted in sanctioning orders or settlements that often included several persons or companies.
During the same period, self-regulatory organizations concluded 13 settlement agreements, and ordered sanctions in 17 cases, including one expulsion, it noted.
Jean St-Gelais, CSA chair, said that “this report allows for greater transparency of the measures taken by the Canadian securities regulatory authorities and confirms their active participation in the application of the law.”
CSA reports on enforcement activity
13 settlement agreements concluded in a six-month period
- By: IE Staff
- January 12, 2007 January 12, 2007
- 11:35