Canadian Securities Administrators Release 2015 Enforcement Report

Each year the Canadian Securities Administrators ("CSA"), an umbrella organization of Canada's provincial and territorial securities regulators, release an enforcement report which provides key details of enforcement efforts in Canada's securities regulatory system. The CSA recently released its 2015 Enforcement Report, which highlights the enforcement statistics for securities regulators across Canada, including data about the total fines and penalties imposed and the total number of proceedings commenced.

Some of the key points included in the 2015 Enforcement Report were as follows:

• Approximately $138.3 million was ordered in fines and administrative penalties. This number was up significantly from $58.2 million in 2014 and $35.4 million in 2013.