Panel 2. Investor Recovery Facilitated by Securities Regulators
This panel explores the Canadian versus US experience with investor recovery facilitated (by the Securities and Exchange Commission (SEC)). It discusses the tools and mechanisms that the SEC uses to direct damages from enforcement actions towards investors, and assess the effectiveness of these approaches. The panel also discusses the roadblocks that have prevented the Ontario Securities Commission (OSC) and other provincial/territorial securities commissions from obtaining the power to make restitution orders directly rather than using a Section 128 court order and the experience of provinces (Manitoba, Quebec and New Brunswick) who do have the power to order compensation directly to investors.
Fortin, Jean-François; Velikonja, Urska; and Winship, Verity, "Panel 2. Investor Recovery Facilitated by Securities Regulators" (2015). Public & Private Securities Enforcement: Securing Recovery for Harmed Investors. 2.