BCSC Granted Administrative Powers Beyond U.S. SEC, Strengthening Regulatory Process
===============
#46175c50 ver:0.59
The B.C. Securities Commission (BCSC) has been granted administrative powers surpassing the U.S. SEC, strengthening regulatory process in Canada. The BCSC's new enforcement tool allowed them to fine an asset manager $12,000 without a hearing, showcasing their expedited process. In contrast, the U.S. Supreme Court limited the SEC's administrative power, emphasizing the right to a jury trial. Canada's move to strengthen administrative power is a response to the lack of fraud prosecutions, while the U.S. effort can be seen as political. #RegulatoryProcess #AdministrativePowers #SEC #BCSC...
#newstr #Bcsc #UsSec #AdministrativePowers #Enforcement #RegulatoryProcess #Penalties #ConstitutionalBoundary #SupremeCourt #AdministrativeLawJudges #SecuritiesFraud #JuryTrial #ConstitutionalFoundations #Political #FraudProsecutions #NationalSecuritiesRegulator
https://here.news/story/46175c50?ver=0.59