Enforcement

Investigation and enforcement are core CSA responsibilities. By identifying violations of securities laws or conduct in the capital markets that is contrary to the public interest, and by imposing appropriate sanctions, the CSA deters wrongdoing, protects investors, and fosters fair and efficient capital markets in which investors can have confidence. Enforcement personnel of CSA member authorities deal with potential securities law violations identified by internal CSA member compliance and surveillance departments or as a result of complaints from market participants and the public.

CSA Financial Innovation Hub

The CSA Financial Innovation Hub (FinHub) is an initiative intended to support innovation in the Canadian capital markets that presents benefits for investors. Through the FinHub, the CSA takes a proactive approach to considering new technologies and innovative business models, including assessing the scope and nature of regulatory implications and evaluating what may be required to modernize the securities regulatory framework for such innovations.

CSA Systemic Risk Committee

Established in 2009, the CSA’s Systemic Risk Committee (SRC) is the principal forum through which CSA staff analyze and monitor systemic and emerging risks. The SRC delivers on the CSA’s core mandate to reduce systemic risk by assessing vulnerabilities to the Canadian financial system and seeks to reduce the impact on investors and market participants.

CSA Investor Advisory Panel

To ensure that retail investors’ interests and concerns are considered as policies are being developed, members of the Canadian Securities Administrators decided to set up a pan-Canadian Investor Advisory Panel.

Research

The CSA conducts investor research studies to better understand the relationships Canadians have with investments, and their views on fraud and regulators. This research also helps us develop new programs and enhance existing ones based on the needs of Canadian investors.