CSA jailed 8 in 2013

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

By Staff | February 20, 2014 | Last updated on February 20, 2014

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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.

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