The Canadian Securities Administrators (CSA) is encouraging investors to research investment opportunities and educate themselves about the red flags of fraud during Fraud Prevention Month this March. CSA members across the country are highlighting the importance of Canadians’ understanding of investments, checking registration through the CSA’s National Registration Search and being aware of the warning signs of fraud before they invest their hard earned money.
“It’s an unfortunate reality that investment fraud impacts a large number of Canadians every year,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. “One of the best defences against fraud is to be an informed investor. Part of our mission is to help educate people about the risks and responsibilities of investing so they can protect themselves. CSA members’ efforts year-round, and in March, are critical to reaching and informing investors.”
The CSA has a number of investor tools and resources available on their website which are designed to help Canadians be informed investors. Investors can stay informed of the latest investor tips, news and developments by following @CSA_News on Twitter and @CSA.ACVM on Facebook.
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 further information on Fraud Prevention Month, please visit the CSA website.