Tell us what you really think! That’s how some may respond to the Venture Capital Markets Association’s spirited call to get rid of IIROC and usher in major change at the British Colombia Securities Commission.
Not to leave anyone out, the group also targets “the banks that control the major stock exchanges” in a missive against what it claims are job-killing forces that need to be stopped in their tracks, reports Resource Clips.
“The group fears for the viability of the junior exploration sector, already hammered by the lengthy downturn. ‘Strangulation through regulation’ threatens the juniors’ ability to raise capital, the VCMA argues. As a result the entire sector, and the thousands of jobs it supports, faces a ‘death knell.’”
Read more here.