jail-justice-regulator

The Canadian Securities Administrators (CSA) today released its annual Enforcement Report. Members concluded a total of 133 cases against 216 individuals and 166 companies.

Read: Compliance roundup – February 2014

Key highlights:

  • Cases concluded against 156 respondents by contested hearings, 150 respondents by settlement agreement and 76 respondents by court decision.
  • Cases concluded resulting in fines and administrative penalties of $35.4 million; almost $55 million in restitution, compensation and disgorgement; and jail sentences handed down to eight individuals.
  • 112 cases commenced against a total of 160 individuals and 110 companies.
  • 35 interim and asset freeze orders issued against a total of 76 individuals and companies.

The report is accessible from the CSA website and from the websites of various CSA members.

Also read:

No charges from FSCO in 2013

OSC makes electronic filing mandatory

Originally published on Advisor.ca

Add a comment

You must be logged in to comment.

Register on Advisor.ca