Tagged: british columbia securities commission

Canadian Crypto Exchanged Fleeced Users of $13 Million

A Canada based crypto trading platform has pilfered $13 million from its users. According to a statement issued by the British Columbia Securities Commission (BSC), the exchange in question took the money from its customers and used it for gambling. The trading platform in question… Read More

Report: Third Vancouver Crypto Exchange Investigated by BC Securities Regulators

Another Vancouver-based cryptocurrency exchange, ezBTC, is being investigated by the BC Securities Commission (BCSC) after the regulator received complaints from customers claiming they cannot access funds stored on the platform, The Tyee reports. The investigation was confirmed in an exclusive statement from the BCSC to… Read More

British Columbia Securities Commission Issues Notice on Fintech, Seeks Feedback to Create Competitive Regulatory Environment

The British Columbia Securities Commission (BCSC) has published a notice on Fintech. This notice is designed to help “set out the results of the consultations and seek comment on potential regulatory action to clarify or modernize securities laws to benefit all stakeholders, including investors in… Read More

British Columbia Securities Commission Sponsors Regtech Hackathon

The British Columbia Securities Commission (BCSC) is sponsoring a Regtech Hackathon to take place in Vancouver, BC on November 28th. The one-day event is designed to challenge participants to create innovative solutions to help industry meet its regulatory requirements more efficiently and effectively, and improve… Read More

British Columbia Securities Commission Grants First Bitcoin Investment Fund Manager Registration

The British Columbia Securities Commission (BCSC) has announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The approval by the BCSC was described as a landmark event. The BCSC granted First Block Capital Inc. registration as an investment… Read More

British Columbia Securities Commission Posts Survey & Creates Team to Better Understand Needs of Fintech Firms

The British Columbia Securities Commission (BCSC) has published an online survey while announcing a dedicated “Tech Team” as part of an initiative designed to better understand and support financial innovation. The BCSC described the project as part of ongoing outreach to BC Fintech and other… Read More

British Columbia Crowdfunding Exemption (PDF)

The below document was published by the British Columbia Securities Commission describing the proposed crowdfunding exemption.  Certain conditions on the issuers are being proposed including a limit of raising no more than $150,000 per offering no more than twice per year.  Individuals may invest no… Read More

British Columbia Announces Crowdfunding Exemptions

B.C. Securities Commission publishes new securities crowdfunding exemption for comment. Members of the Canadian Securities Administrators published a proposed crowdfunding exemption modelled on the Saskatchewan Equity Crowdfunding exemption adopted on December 6, 2013 (the start-up crowdfunding exemption). The British Columbia Securities Commission is requesting comment… Read More

Is Equity Crowdfunding Legal in British Columbia?

In a document published recently by the British Columbia Securities Commission (BCSC) in Canada, the provincial regulators appear to address the issue of crowdfunding and its legality in the province.  Unlike the United States where the federal regulators have jurisdiction over regulating crowdfunding nationwide, the Canadian… Read More

Media Invited: Experts in Vancouver to discuss crowdfunding and best interest standard

VANCOUVER, Nov. 8, 2012 /CNW/ – On Wednesday, Nov. 14, 2012, the British Columbia Securities Commission’s annualCapital Ideas conference will bring together a panel of experts to discuss innovation in the securities markets. The event will be hosted by Brenda Leong, Chair of the BCSC.  The BCSC’s Executive Director, Paul Bourque, will… Read More

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