Companies in Canada are vulnerable to various kinds of securities law complaints if clients feel their practices have not been in accordance with all rules and regulations, including:
Insider Trading
Insider trading refers to the purchase or sale of securities of a public company while being made aware of undisclosed information about the company. Additionally, when undisclosed information or materials are known and communicated to other parties, this is considered tipping and is an extension of insider trading.
Fraud
Securities fraud involves misrepresenting information investors have used to make decisions about their trades or purchases. Falsifying information, tipping, and trading insider information are all considered an extension of securities fraud.
Misleading Corporate Disclosures
Investors and investment firms are required to provide accurate corporate disclosures to their clients. Failure to comply or falsifying disclosure is considered misleading to the public and can result in a securities law complaint filed with the OSC.
Trading-Related Misconduct
The business of trading should be conducted ethically and honestly. Trading-related misconduct can refer to several illegal instances, including unregistered trading, illegal distribution, or market manipulation.