News & Media

Investment watchdogs have been asking for far too much power — and Ottawa just gave it to them Alistair Crawley, Financial Post

The siren call for the proposed expansion of the powers of the Investment Industry Regulatory Organization Industry of Canada (IIROC) to enforce its fines through the courts in Ontario has been welcomed with open arms and few questions. In its Budget 2017, the federal government announced it will soon introduce legislative amendments to improve the ability of self-regulatory organizations (SROs) to collect fines levied against individuals, claiming it will help to “deter potential offenders” and increase funds available for investor protection. While this has been applauded by IIROC and some investor advocacy groups, it is unclear how it will better protect the investing public.

Link

Our Lawyers

Alistair Crawley

416.217.0806

Melissa MacKewn

416.217.0840

Robert Brush

416.217.0822

Bruce O’Toole

416.217.0885

Anna Markiewicz

416.217.0803

Clarke Tedesco

416.217.0884

Kate McGrann

416.217.0850

Safina Lakhani

416.217.0851

Michael L. Byers

416.217.0886

Natalia Vandervoort

416.217.0853

Dana Carson

416.217.0855

Alexandra Grishanova

416.217.0859