On February 28, the Ontario Securities Commission released a report outlining its enforcement activity for 2012. According to the report, a total of 30 proceedings were initiated in 2012, with 15 of those including allegations of fraud. Meanwhile, proceedings were concluded against 63 individuals and 37 companies, with a majority of matters concluded at a contested hearing before a tribunal. Sanctions for the year totaled more than $78 million. As we discussed last week, the CSA also recently released an enforcement report highlighting the activities of CSA members over the last few years.
Trackbacks (0) Links to blogs that reference this article Trackback URL