Canada’s securities regulators impose more than C$138 million in penalties in 2015

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Is Forex Trading Halal or Haram?

The Canadian Securities Administrators (CSA), the council of the 10 provincial and three territorial securities regulators in Canada, today published its 2015 Enforcement Report.

The report summarizes the results of actions taken by CSA’s Members across Canada to deter and sanction financial wrongdoing.

Louis Morisset, Chair of the CSA and President and CEO of the Autorité des marchés financiers, says,

“In 2015, CSA members’ enforcement actions resulted in more than $138 million ordered in fines and administrative penalties, more than $111 million ordered in restitution, compensation and disgorgement and a total of ten years in jail sentences imposed on securities law offenders. To safeguard investors from illegal activity and to protect the integrity of Canada’s capital markets, the CSA constantly improves its enforcement processes with legal and technological innovations as well as with increased collaboration.”

Is Forex Trading Halal or Haram Conclusion

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