News
Reuniting New Brunswickers with their unclaimed property is one step closer with the provincial government’s proclamation on January 1 of the Unclaimed Property Act. Under the Act, holders of unclaimed property — like businesses, associations and government organizations – are now required to review their books to search for monetary property that belongs to someone […]
Montréal – The Canadian Securities Administrators (CSA) plans to establish an Investor Advisory Panel (CSA IAP) to represent the interests of retail investors in pan-Canadian policy development activity. This initiative will further the CSA’s focus on its investor protection mandate. “We listened to retail investor advocates who expressed a need for more structured and sustained […]
The Financial and Consumer Services Commission of New Brunswick (FCNB) has launched The Right Recipe, a new investor education campaign targeting Millennial and do-it-yourself investors with resources designed specifically for them. “We know this demographic is notoriously difficult to reach and can also be disinclined to take advice from a Crown corporation,” says Marissa Sollows, […]
The Financial and Consumer Services Commission (FCNB) is warning New Brunswickers of fraudsters who are using social media and dating websites to lure people into crypto-asset investment scams. In the first nine months of 2021, 20 New Brunswickers reported losing nearly $ 711,000 in crypto investment scams, according to the Canadian Anti-Fraud Centre (CAFC). It […]
Vancouver and Toronto – Work is progressing on the creation of a new self-regulatory organization (SRO) for the investment industry and a new investor protection fund (IPF). The new SRO, as described in the Canadian Securities Administrators (CSA) Position Paper 25-404 New Self-Regulatory Organization Framework, will consolidate the functions of the Investment Industry Regulatory Organization […]
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