For Immediate Release
January 12, 2007

Canadian Securities Administrators released their fifth report of enforcement activities

Montréal - The Canadian Securities Administrators (CSA) released their fifth report on enforcement activities today. Between April 1, 2006 and September 30, 2006, the regulators pursued 57 new enforcement matters. They also concluded 59 cases that resulted in sanctioning orders or settlements that often included several persons or companies. During the same period, self-regulatory organizations concluded 13 settlement agreements, and ordered sanctions in 17 cases, including one expulsion.

Jean St-Gelais, CSA Chair, said that “this report allows for greater transparency of the measures taken by the Canadian securities regulatory authorities and confirms their active participation in the application of the law.”

The report  (Acrobat409KB PDF) can be found on the CSA website, at, and on many provincial regulators’ websites.

The CSA, the council of securities regulators of Canada’s provinces and territories, coordinate and harmonize regulation for the Canadian capital markets. Their mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of this protection is educating investors about the risk, responsibilities and rewards of investing.

For media inquiries:

Provincial and Territorial Securities Regulators

Yukon Securities Registry
Bette Boyd

British Columbia Securities Commission
Andrew Poon
1-800-373-6393 (BC & Alberta only)

Securities Registry
Northwest Territories
Donald MacDougall
Alberta Securities Commission
Tamera Van Brunt
1-877-355-0585 (toll free)
Nunavut Securities Registry
Jennifer MacIsaac

Saskatchewan Financial Services Commission

Manitoba Securities Commission
Ainsley Cunningham
1-800-655-5244 (Manitoba only)
Ontario Securities Commission
Wendy Dey
1-877-785-1555 (toll-free in Canada)
Autorité des marchés financiers
Frédéric Alberro
1 877 395-0558, # 2176 (Québec only)
New Brunswick Securities Commission
Rick Hancox
1-866-933-2222 (New Brunswick only)
Nova Scotia Securities Commission
Chris Pottie
Department of Attorney General
Prince Edward Island
Mark Gallant
Financial Services Regulation Division Newfoundland and Labrador
Doug Connolly