Office of the Superintendent of Securities
Canadian securities regulators collaborate to protect investors and enforce securities law: CSA Fiscal Year 2019/20 Enforcement ReportJune 23, 2020
March 23, 2020
March 2, 2020
The Office of the Superintendent of Securities protects the investing public by licensing securities dealers and advisers, and by requiring full disclosure of the activities and finances of companies wishing to sell shares or other securities to the general public. The Securities Act governs the sale and trading of securities in the Northwest Territories, and sets out the requirements for individuals and companies to register as dealers or advisers selling securities. It also provides notices and updates, investor information, and news releases from the Canadian Securities Administrators (CSA) and the North American Securities Administrators Association (NASAA).
The Office of the Superintendent of Securities is responsible for:
- the registration of dealers, advisers, and representatives of securities;
- the filing of disclosure documents by public companies;
- reviewing prospectuses and applications for exemptive relief;
- taking enforcement action against persons and companies who have violated securities laws; and
- responding to investor complaints and providing investor education.
The Office of the Superintendent of Securities is a member of the Canadian Securities Administrators, an association of the Canadian provincial and territorial securities regulators. The CSA has developed a national system of harmonized securities regulations, policies and practices. These harmonized securities laws are applied in the NWT through regulatory instruments, local rules, and blanket orders adopted or made under the Securities Act.
The Canadian Securities Administrators website provides a national registration search tool which can be used to search for registered dealers and advisers in securities.
The Office of the Superintendent of Securities maintains a list of reporting issuers, consisting of public companies and other issuers that must make periodic filings with the Superintendent of Securities.