The Canadian Securities Administrators recently released their 2013 Enforcement Report, which summarizes the enforcement actions taken by CSA members over the last year.
According to the report, about $35.4 million in fines and administrative penalties were ordered in 2013, and just under $55 million in restitution, compensation and disgorgement. The report breaks down enforcement cases into a number of categories, with a majority of orders resulting from illegal distributions and fraud. Highlights of specific cases are also provided in the report.
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