Giving BC Securities Commission Some of the Strongest
Powers in Canada
On October 21, 2019, the BC provincial government announced the
first major amendments to the BC Securities Act in almost
a decade. The amendments will strengthen the Commission's
ability to collect penalties and improve enforcement of
white-collar investment offences. There are over 100 amendments to
the Securities Act, which include increased fine
enforcement and collection capabilities of the Commission,
development of a regulatory regime for over-the-counter
derivatives, and modernization and strengthening of the legislative
framework for securities in BC.
The proposed amendments include:
- increasing maximum fine and jail term
amounts and introducing minimum sentences for
