Activist investment firm to pay $300,000 penalty
The Nova Scotia Securities Commission has published its business plan for the coming year, highlighting its commitment to the passport system.In the plan, the commission notes that one of its top priorities “will be to continue nurturing the growing securities regulatory system set in motion by the Provincial/Territorial [memorandum of understanding] Regarding Securities Regulation adopted […]
Long-time employee will now oversee the commission’s day-to-day operations
Commission warns that hasty decisions can make matters worse
Regulators in Nova Scotia warning investors to steer clear of potential scams
Nova Scotia’s Finance Minister, Michael Baker, has introduced amendments to its Securities Act, which are designed to help to protect investors and harmonize the province’s securities regulation with others across Canada. Under the proposed amendments, investors will be able sue public companies when those companies fail to make timely disclosure or misrepresent public information in […]
Advisors are required to comply with relevant by-laws, rules or regulations of the IDA or MFDA as long as they’re consistent with Nova Scotia securities laws
Colpitts failed to uncover improper trading by insiders
N.S. Supreme Court issues reasons
Amended deal replaces 2002 version