People in B.C. will be better protected from investment misconduct through improvements to the BC Securities Commission’s (BCSC) ability to investigate and crack down on white-collar crime.
The legislative updates will help the BCSC protect people from investment market lawbreakers by:
- enhancing its power to gather evidence of investment misconduct;
- closing a loophole that prevented collection of BCSC-imposed penalties; and
- adding consequences for people convicted of investment-related criminal offences to help improve outcomes for the victims of these crimes.