FAIR Canada Welcomes Ontario Government Proposals Aimed at Better Protecting Investors
“We specifically welcome the proposed enhancements to improve investor confidence and enhance investor protections,” said Jean-Paul Bureaud, Executive Director of FAIR Canada.
- “We specifically welcome the proposed enhancements to improve investor confidence and enhance investor protections,” said Jean-Paul Bureaud, Executive Director of FAIR Canada.
- “Both are critical to promoting vibrant capital markets that can sustain economic growth and development.”
In particular, FAIR Canada welcomes the government’s plan to introduce a statutory process for distributing disgorged funds to harmed investors. - FAIR Canada has long advocated that investment dealers be bound by recommendations made by the Ombudsman for Banking Services and Investments (OBSI) following a fair and impartial process.
- “These proposals are a step towards promoting better outcomes for Ontario investors,” said Bureaud.