CSA warns Canadians to be wary of "flashy headlines" for medical marijuana, “green” energy or digital currencies
As part of Investor Education Month, the Canadian Securities Administrators (CSA) has warned investors not to be enamored by "flashy headlines about emerging businesses in areas such as medical marijuana, “green” energy or digital currencies."
The CSA is an umbrella organization of Canada's various provincial and local securities regulators. Similar to the Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission in the US, they seek to coordinate the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term of Canada's securities regulations and educate investors.
Said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission:
"Too often we see investors buying into the latest, greatest investment opportunity based on information that is light on details and promotes the investment as a ‘can’t miss’ opportunity. There is no such thing as a ‘can’t miss’ investment, and investors must take time to research the validity of the business, the risk factors involved and the investment’s suitability for meeting their personal finance goals."
In addition to recommending investors to do research, research, and more research (they really should), the organization provides a tool to check the registration status and history of an entity offering investment opportunities. Digital currencies, however, remain outside the regulatory umbrella, save for the application of existing money transmission laws. Prospective investors in digital currency-related opportunities may have trouble finding relevant information and should supplement their research elsewhere.
As part of Investor Education Month, the Canadian Securities Administrators (CSA) has warned investors not to be enamored by "flashy headlines about emerging businesses in areas such as medical marijuana, “green” energy or digital currencies."
The CSA is an umbrella organization of Canada's various provincial and local securities regulators. Similar to the Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission in the US, they seek to coordinate the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term of Canada's securities regulations and educate investors.
Said Bill Rice, Chair of the CSA and Chair and CEO of the Alberta Securities Commission:
"Too often we see investors buying into the latest, greatest investment opportunity based on information that is light on details and promotes the investment as a ‘can’t miss’ opportunity. There is no such thing as a ‘can’t miss’ investment, and investors must take time to research the validity of the business, the risk factors involved and the investment’s suitability for meeting their personal finance goals."
In addition to recommending investors to do research, research, and more research (they really should), the organization provides a tool to check the registration status and history of an entity offering investment opportunities. Digital currencies, however, remain outside the regulatory umbrella, save for the application of existing money transmission laws. Prospective investors in digital currency-related opportunities may have trouble finding relevant information and should supplement their research elsewhere.