The Canadian Securities Directors (CSA) report a major improve in fines and restitutions over the previous yr, as reported by BNN Bloomberg.
In its yr in evaluate, the CSA reveals that provincial securities regulators imposed $27.6m in fines, administrative penalties, and different monetary sanctions, a notable rise from $18.5m the earlier yr.
Restitution, compensation, and disgorgement for the 2023-2024 fiscal yr, which ended on June 30, totalled $75.7m, up sharply from $20.9m the prior yr.
