The CSA's 2015 Report shows a rising trend in enforcement of securities laws. Regulators across Canada commenced 108 proceedings in 2015, and concluded 145 ongoing matters, compared to 105 and 105 respectively in 2014. Fines were levied totalling $138.2m, up from $58.2m in 2014, and restitution/disgorgement totaled $111.6m, up from $65.7m. The CSA has placed notable emphasis on nation-wide cooperation of regulators, and increased partnership with police. Both initiatives have contributed to the 52 asset freezing orders, and 96 reciprocal orders issued in 2015, compared to 35 and 58 respectively in 2014. Read the full report.
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