The Nova Scotia Securities Commission will now publish a sanction payment status report online.
The report lists the names of people and companies the commission has ordered to pay monetary penalties related to enforcement proceedings.
“The report is another investor protection resource that we’ve added to our website,” said Sarah Bradley, CEO and chair for the commission. “It’s meant to provide transparency for Nova Scotia’s capital markets participants.”
The report displays the original amount owing by the respondent and whether the penalty is paid, partially paid or unpaid, plus a link to the related order. The list will be updated quarterly.
The report is posted at http://nssc.novascotia.ca/enforcement-proceedings-exemption-orders/sanction-payment-status-report .
The Nova Scotia Securities Commission is the provincial government agency that regulates securities trading in the province. October is Investor Education month and Nova Scotians are encouraged to review the resources available at http://nssc.novascotia.ca .