CIRE practice question: Overview of Canadian securities regulatory framework | EnCiro
🔥 Daily ChallengeCIREOverview of Canadian securities regulatory frameworkMedium
A provincial securities commission has determined that a registrant committed a serious violation of the Securities Act. What is the maximum administrative penalty the commission can typically impose per violation?
6 attempts · 83.3% correct
$5,000,000
$1,000,000Correct
$100,000
$500,000
Why
Most provincial regulators have the power to impose administrative penalties of up to $1 million per violation.
