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The impact of corporate scams and securities regulations on investments in Canada are examined. The Ontario Securities Commission for example is criticized for the low number of cases it has heard regarding inappropriate financial reporting or accounting. Corporate scams in Canada include the case against Livent and against YBM Magnex International.

Ontario offers finance workers millions to blow the whistle on fraud CANADA has long had a reputation as a security fraudster's playground, where misdeeds go undetected and unpunished and investors [...]

When the Sarbanes-Oxley Act was first introduced last summer, Canada and the rest of the world got a sense of how securities laws would change for everyone in the near [...]

If industry comment on a white paper concerning best execution released last month is any indication, Canadian regulators could soon tighten their soft-dollar commission regulations, cribbing a page from the [...]

The acquittal of former Bre-X Minerals chief geologist and vice-chairman John Felderhof on charges of fraud and insider trading had investors thinking whether Canada can competently deal with fraud cases. The author commented on the way the Ontario Securities Commission seemed to be handling these kinds of cases, saying that officials of several other companies in the past had faced similar issues, and the result was the same. The judge handling the case believed that Felderhof had acted with diligence and that those involved with Bre-X were reputable persons.

Ontario Securities Commission feels that a review of the hedge fund industry will include a look into the regulatory status of principal-protected notes (PPNs). PPNs allow retail investors access to hedge funds. It is difficult for investors to find out how much they are actually paying in fees on PPNs.

In Canada, regulation of the securities industry is a provincial responsibility. The Ontario Securities Commission (OSC) is the regulatory body responsible for the administration of Ontario securities laws. These laws [...]

* The Ontario Securities Commission is reminding investors that there are a number of fees that can be associated with mutual funds. Despite the strict disclosure requirements, some investors still [...]

The Ontario Securities Commission is in the early stages of developing proposals for management reports and auditor attestations. Both sets of proposals would set out internal control requirements, said John [...]

The collapse of energy trader Enron highlights the need for a new oversight structure for the accounting profession in the light of the self-regulation principle. The principle of self-regulation is reinforced for protecting the public interest and is predicated on the belief that they have more skills and expertise and stick to reality and market and adapt more quickly to newly detected practices.