Latest news with #CanadianSecuritiesAdministrators
Cision Canada
a day ago
- Business
- Cision Canada
Canadian securities regulators launch consultation on ETF framework Français
TORONTO, June 19, 2025 /CNW/ - The Canadian Securities Administrators (CSA) today published a consultation paper on the exchange-traded fund (ETF) regulatory framework. In 2023, the CSA began reviewing ETF regulations to assess whether the current regulations applicable to ETFs remain appropriate. The review focused on the unique features of ETFs, such as secondary market trading, creation and redemption of ETF units by authorized dealers, and the underlying arbitrage mechanism of ETFs. The consultation paper proposes certain enhancements to the framework, taking into consideration a study of the Canadian ETF market conducted by the Ontario Securities Commission's Thought Leadership Division and the Good Practices Relating to the Implementation of the IOSCO Principles for Exchange Traded Funds published by the International Organization of Securities Commissions. ETFs have experienced robust growth in Canada, with assets under management reaching $518 billion by the end of 2024. Retail investors make significant use of ETFs, and the CSA expects interest and investment in ETFs to grow further. "ETFs are an increasingly important investment vehicle for Canadians, providing investors with access to a wide range of investment exposures and strategies and offering intraday liquidity," said Stan Magidson, Chair of the CSA and Chair and CEO of the Alberta Securities Commission. "This consultation will provide the CSA with important insights into the unique regulatory considerations for these products." The consultation also seeks stakeholder views on investor access to U.S. ETFs through brokerage accounts and exposure to U.S. and other foreign ETFs through publicly offered investment fund holdings. The CSA invites stakeholders to respond to the consultation paper, which is available on CSA members' websites. The comment period closes on October 17, 2025. The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets. For media inquiries, please contact: Ilana Kelemen Canadian Securities Administrators [email protected] Julia K. Mackenzie Ontario Securities Commission [email protected] For investor inquiries, please contact your local securities regulator.
Cision Canada
13-06-2025
- Business
- Cision Canada
Canadian Securities Administrators encourage Canadians to look out for deceptive social media investment scams Français
CALGARY, AB, June 13, 2025 /CNW/ - In recognition of World Elder Abuse Awareness Day (WEAAD) on June 15, 2025, the Canadian Securities Administrators (CSA) is encouraging Canadians to connect with older adults in their lives to talk about the growing trend of artificial intelligence (AI) and social media investment scams targeting seniors. "Older Canadians are often the target of financial scams and, more recently, fraudsters have been using AI to make the ads appear legitimate," said Stan Magidson, Chair and CEO of the Alberta Securities Commission and Chair of the CSA. "By asking questions and starting important conversations about the warning signs of scams, we can help support the financial wellbeing of the seniors in our lives." Scams leverage AI to create seemingly credible ads and online profiles Scam artists commonly target older Canadians with fake investment opportunities online. Taking advantage of advertising channels through social media platforms, and the openness of people to new relationships fostered through dating or friendship apps, fraudsters can easily and quickly create online personas to deceive and manipulate potential victims with realistic-looking investment opportunities. The CSA urges older Canadians and their loved ones to remember the following tips: Avoid investment opportunities promoted online, especially those seemingly endorsed by celebrities or political figures or those that advertise lucrative, easy or quick returns. Imagery, video and voices can be easily generated with AI to look and sound real. Be cautious of online investing groups claiming to be run by investment professionals. Fraudsters will commonly direct potential victims to move their communications to chat groups created on WhatsApp, Telegram and Discord to keep conversations private and harder to trace. Be mindful of any new online connection, acquaintance or perceived love interest who asks probing questions about your finances or plays off your anxieties or fears when offering you an unrequested investment opportunity. All investment firms and their advisors in Canada are required to ask each of their clients to name a Trusted Contact Person (TCP). Sharing the name of someone you consider to be a trusted contact can help protect your accounts and give you peace of mind. Any individual or firm offering you investments needs to be registered with provincial or territorial securities regulators. You can check registration at but remember that images, voice calls and video meetings can be AI manipulated. It is strongly advised that you do not send money to anyone you have not met in person or whose identity you cannot confidently validate. Foster awareness and digital literacy AI continues to evolve rapidly, and so do the scams that use this technology. To safeguard your financial accounts and empower yourself and those you care for, the CSA recommends taking time to learn how AI is being used across the digital landscape for investing purposes. The CSA has a number of investor tools and resources available online to help Canadians become more informed investors. Investors can follow @CSA_News on X (formerly Twitter), @ on Facebook and subscribe to the CSA's Investor Alerts. Suspect you or someone you know is a victim of an investment scam? If you feel like you or someone you know has been approached or is a victim of fraudulent investment, contact your local securities regulator. The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets. Ilana Kelemen Canadian Securities Administrators [email protected] SOURCE Canadian Securities Administrators
Yahoo
13-06-2025
- Business
- Yahoo
Canadian Securities Administrators encourage Canadians to look out for deceptive social media investment scams
CALGARY, AB, June 13, 2025 /CNW/ - In recognition of World Elder Abuse Awareness Day (WEAAD) on June 15, 2025, the Canadian Securities Administrators (CSA) is encouraging Canadians to connect with older adults in their lives to talk about the growing trend of artificial intelligence (AI) and social media investment scams targeting seniors. "Older Canadians are often the target of financial scams and, more recently, fraudsters have been using AI to make the ads appear legitimate," said Stan Magidson, Chair and CEO of the Alberta Securities Commission and Chair of the CSA. "By asking questions and starting important conversations about the warning signs of scams, we can help support the financial wellbeing of the seniors in our lives." Scams leverage AI to create seemingly credible ads and online profilesScam artists commonly target older Canadians with fake investment opportunities online. Taking advantage of advertising channels through social media platforms, and the openness of people to new relationships fostered through dating or friendship apps, fraudsters can easily and quickly create online personas to deceive and manipulate potential victims with realistic-looking investment opportunities. The CSA urges older Canadians and their loved ones to remember the following tips: Avoid investment opportunities promoted online, especially those seemingly endorsed by celebrities or political figures or those that advertise lucrative, easy or quick returns. Imagery, video and voices can be easily generated with AI to look and sound real. Be cautious of online investing groups claiming to be run by investment professionals. Fraudsters will commonly direct potential victims to move their communications to chat groups created on WhatsApp, Telegram and Discord to keep conversations private and harder to trace. Be mindful of any new online connection, acquaintance or perceived love interest who asks probing questions about your finances or plays off your anxieties or fears when offering you an unrequested investment opportunity. All investment firms and their advisors in Canada are required to ask each of their clients to name a Trusted Contact Person (TCP). Sharing the name of someone you consider to be a trusted contact can help protect your accounts and give you peace of mind. Any individual or firm offering you investments needs to be registered with provincial or territorial securities regulators. You can check registration at but remember that images, voice calls and video meetings can be AI manipulated. It is strongly advised that you do not send money to anyone you have not met in person or whose identity you cannot confidently validate. Foster awareness and digital literacy AI continues to evolve rapidly, and so do the scams that use this technology. To safeguard your financial accounts and empower yourself and those you care for, the CSA recommends taking time to learn how AI is being used across the digital landscape for investing purposes. The CSA has a number of investor tools and resources available online to help Canadians become more informed investors. Investors can follow @CSA_News on X (formerly Twitter), @ on Facebook and subscribe to the CSA's Investor Alerts. Suspect you or someone you know is a victim of an investment scam?If you feel like you or someone you know has been approached or is a victim of fraudulent investment, contact your local securities regulator. The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets. For media inquiries: Ilana KelemenCanadian Securities Administratorsmedia@ SOURCE Canadian Securities Administrators View original content to download multimedia: Sign in to access your portfolio
Cision Canada
12-06-2025
- Business
- Cision Canada
CSA proposes amendments to modernize and streamline mining disclosure standards Français
VANCOUVER, BC, June 12, 2025 /CNW/ - The Canadian Securities Administrators (CSA) is seeking feedback on proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects. The proposed amendments are intended to clarify, harmonize and streamline Canada's mining disclosure regime without introducing any new requirements. The proposed amendments would update and enhance the standards for disclosing scientific and technical information about mineral projects to address evolving disclosure practices and policy considerations identified by CSA staff, and to reflect changing industry and investor expectations. "Our goal is to provide investors with clear, reliable information about mineral projects so they can make informed decisions, without imposing an undue regulatory burden on mining issuers," said Stan Magidson, CSA Chair and Chair and CEO of the Alberta Securities Commission. "By modernizing and streamlining the disclosure regime, we aim to maintain Canada's position as the global standard for mining disclosure." The proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects are designed to: remove or replace certain definitions and requirements that have become outdated modernize and streamline certain requirements to reflect current industry practice provide clarification and guidance on certain definitions and requirements, and make other minor language changes to clarify disclosure requirements. The proposed amendments are being published for a 120-day comment period and are available on CSA member websites. In April 2022, the CSA published CSA Consultation Paper 43-401 Consultation on National Instrument 43-101 Standards of Disclosure for Mineral Projects to inform this project. The CSA received valuable feedback from a large number of market participants, which it has considered. The CSA, the council of the securities regulators of Canada's provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets. For media inquiries, please contact: Ilana Kelemen Canadian Securities Administrators [email protected] Elise Palmer BC Securities Commission [email protected] For investor inquiries, please contact your local securities regulator.
Yahoo
12-06-2025
- Business
- Yahoo
CSA proposes amendments to modernize and streamline mining disclosure standards
VANCOUVER, BC, June 12, 2025 /CNW/ - The Canadian Securities Administrators (CSA) is seeking feedback on proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects. The proposed amendments are intended to clarify, harmonize and streamline Canada's mining disclosure regime without introducing any new requirements. The proposed amendments would update and enhance the standards for disclosing scientific and technical information about mineral projects to address evolving disclosure practices and policy considerations identified by CSA staff, and to reflect changing industry and investor expectations. "Our goal is to provide investors with clear, reliable information about mineral projects so they can make informed decisions, without imposing an undue regulatory burden on mining issuers," said Stan Magidson, CSA Chair and Chair and CEO of the Alberta Securities Commission. "By modernizing and streamlining the disclosure regime, we aim to maintain Canada's position as the global standard for mining disclosure." The proposed amendments to National Instrument 43-101 Standards of Disclosure for Mineral Projects are designed to: remove or replace certain definitions and requirements that have become outdated modernize and streamline certain requirements to reflect current industry practice provide clarification and guidance on certain definitions and requirements, and make other minor language changes to clarify disclosure requirements. The proposed amendments are being published for a 120-day comment period and are available on CSA member websites. In April 2022, the CSA published CSA Consultation Paper 43-401 Consultation on National Instrument 43-101 Standards of Disclosure for Mineral Projects to inform this project. The CSA received valuable feedback from a large number of market participants, which it has considered. The CSA, the council of the securities regulators of Canada's provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets. For media inquiries, please contact:Ilana KelemenCanadian Securities Administratorsmedia@ Elise PalmerBC Securities Commissionmediarelations@ For investor inquiries, please contact your local securities regulator. SOURCE Canadian Securities Administrators View original content to download multimedia: Sign in to access your portfolio
