The Canadian Securities Administrators (CSA) recently released its annual report on the enforcement activities of its members. The CSA is an umbrella group of Canada’s securities regulators.
Summary of 2016 Results
Generally, enforcement and pre-enforcement activity, and monetary sanctions imposed by regulators decreased compared to 2015 but were higher than they were in 2014.
|Restitution, Compensation and Disgorgement||$349,654,379||$111,651,429||$65,717,760|
|Commenced Cases (by notice of hearing, statement of allegations, or sworn Information)||56||108||105|
|Most prevalent violations||Illegal Distributions|