Research

The CSA conducts investor research studies to better understand the relationships Canadians have with investments, and their views on fraud and regulators. This research also helps us develop new programs and enhance existing ones based on the needs of Canadian investors.

Enforcement

Investigation and enforcement are core CSA responsibilities. By identifying violations of securities laws or conduct in the capital markets that is contrary to the public interest, and by imposing appropriate sanctions, the CSA deters wrongdoing, protects investors, and fosters fair and efficient capital markets in which investors can have confidence. Enforcement personnel of CSA member authorities deal with potential securities law violations identified by internal CSA member compliance and surveillance departments or as a result of complaints from market participants and the public.
 
The CSA’s enforcement activities complement those of other agencies with whom we cooperate and share information on matters of mutual interest. This allows the CSA to focus activities and prioritize resources where most appropriate.

Financial Innovation Hub

The CSA Financial Innovation Hub is an initiative of the Canadian Securities Administrators (CSA) to support fintech businesses seeking to offer innovative products, services and applications in Canada. It allows firms to register and/or obtain exemptive relief from securities laws requirements, under a faster and more flexible process than through a standard application, in order to test their products, services and applications throughout the Canadian market on a time limited basis.

CSA Investor Advisory Panel

To ensure that retail investors’ interests and concerns are considered as policies are being developed, members of the Canadian Securities Administrators decided to set up a pan-Canadian Investor Advisory Panel.

CSA Systemic Risk Committee

The SRC delivers on the CSA’s core mandate to reduce systemic risk by assessing vulnerabilities to the Canadian financial system and seeks to reduce the impact on investors and market participants. To promote financial stability and broader discussions on systemic and emerging risks, the SRC is making public some of its analyses.