Canada’s stock market watchdog has created a new unit with the power to use wiretaps and surveillance to tackle fraud and white-collar crime in the criminal court system.
The Ontario Securities Commission said Friday that its new joint serious offences team will focus on the “street crime” of the financial world — ponzi schemes and offers involving fake stock that typically ensnare ordinary investors, Tom Atkinson, the OSC’s director of enforcement, said in an interview.
‘Enforcement 40’ for 2020
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