Law

Securities industry professionals are required to register with the securities regulator in each province or territory where they do business. Registration helps protect investors because securities regulators will only register firms and individuals if they are properly qualified.

Please click here to access the National Registration Search.

he subjects of these alerts are persons or companies who appear to be engaging in securities activities that may pose a risk to investors.

Please click here to search alerts.

The Disciplined List is intended to assist the public and the securities industry in conducting due diligence. The list contains the names of individuals and companies disciplined by Canadian securities regulators.

Please click here to search the Disciplined List.

A Cease Trade Order (CTO) is a decision issued by a provincial or territorial securities regulatory authority or similar regulatory body against a company or an individual. CTOs are issued for reasons such as failing to meet disclosure requirements or as a result of an enforcement action that involves an investigation of potential wrongdoing.

The purpose of the National CTO Database (CTO Database) is twofold: provide stakeholders with a publicly searchable database containing all CTOs issued by participating CSA members, regardless of whether their effect is temporary or indefinite, and disseminate such CTOs to its subscribers.

Please click here to search Cease Trade Orders.

The Manitoba Securities Commission (MSC) may issue orders against, or enter into settlement agreements with individuals or companies who have contravened The Securities Act of Manitoba. The MSC may ban respondents from certain types of activity. In addition, as set out in The Securities Act, the Commission may order respondents to pay administrative penalties, voluntary payments and costs of proceedings.

Holding respondents accountable for their misconduct is important for investor protection as well as protecting the integrity of the Manitoba capital market. As such, and in the interest of maintaining transparency, the Manitoba Securities Commission provides the list below of respondents who have not paid administrative penalties or costs of proceedings ordered by the MSC. To access this information, refer to the full order imposed upon the respondents by clicking the “Date of Decision” link beside each respondent.

The Unpaid Orders list below is updated twice a year. Those who have satisfied orders are removed from the list at this time. Any respondents who are appealing an MSC order will remain on the list while the appeal is ongoing.

The Unpaid Orders list provides the status as follows:

Unpaid (Full) – no payments have been made on the original amount ordered or agreed
Unpaid (Partial) – a partial amount has been paid
Paying as Agreed – payments are being made in accordance with a payment arrangement that is in effect.

Last updated: October 2021