Asked by Shakia Balmer on May 10, 2024
Verified
What sanction can the Ontario Securities Commission not levy on individuals who breach the Securities Act?
A) Fines
B) Damage compensation to harmed parties
C) Retraction of registration as an investment dealer
D) Revocation of licence of a securities salesman
E) Prohibition from acting as a director
Ontario Securities Commission
The regulatory body responsible for overseeing the securities industry in Ontario, Canada, ensuring fair and transparent markets.
Securities Act
A U.S. law enacted in 1933 that regulates the offer and sale of securities to protect investors from fraud.
Investment Dealer
A business entity or individual that engages in the buying and selling of securities for its clients or its own account.
- Acquire knowledge about the responsibilities and powers of administrative organizations in managing professional operations and business affairs.
Verified Answer
Learning Objectives
- Acquire knowledge about the responsibilities and powers of administrative organizations in managing professional operations and business affairs.
Related questions
Administrative Laws Set Out Broad Policy Statements and Establish a ...
The Professions of Medicine, Law and Accounting Are Governed by ...
Jamal Is Opening a Restaurant in Waterloo, Ontario ...
Legislation Is Passed to Establish a Governing Body for a ...
A Large Part of the Body of Administrative Law Is ...