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.
via New Ontario Securities Commission unit will target fraud — Toronto Star.
