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As an investor-focused nonprofit, FAIR Canada has been spearheading impartial analysis geared toward delivering actionable recommendation to regulators and authorities our bodies about enhancing investor safety and market equity.
The funding from BSCS will particularly go towards analyzing the experiences and challenges confronted by DIY traders, in line with an emailed information launch.
Jean-Paul Bureaud, FAIR Canada’s government director, mentioned this analysis shall be integral to “our advocacy to help decision-makers in implementing balanced coverage responses that enhance investor outcomes.”
“We’re grateful for the monetary help supplied by the BCSC, as it would strengthen FAIR Canada’s means to raised characterize the considerations of retail traders,” Bureaud added.
BCSC sourced the funds for the $100,000 grant from administrative penalties it has collected by means of its regulatory actions. Below British Columbia’s Securities Act, the company is permitted to allocate penalty-derived funds to third-party initiatives it deems to be “applicable.”
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