What is the purpose of securities regulation in Canada?
Canada (Federal), Canada
The following excerpt is from Desgroseilliers (Re), 2018 CanLII 89309 (CA MFDAC):
44. The primary goal of securities regulation is the protection of the investor. In addition to protection of the public, the goals of securities regulation also include fostering public confidence in the capital markets and the securities industry. Pezim v. British Columbia (Superintendent of Brokers), 1994 CanLII 103 (SCC), [1994] 2 S.C.R. 557 (“Pezim”), at paras. 59, 68.
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