News Release
BCSC to discuss ways to improve securities regulation at day-long conference
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Date:
2002-06-05 -
Number:
2002/38
Vancouver – The BC Securities Commission is holding a day-long conference Thursday to discuss ways to improve securities regulation in British Columbia.
“This is a good way for us to gather industry’s main concerns and look for ways to address those concerns,” said BCSC Chair Doug Hyndman.
It will be an opportunity for industry to hear firsthand the commission’s new proposals to clear the clutter from regulations and simplify rules.
The conference comes one day after the BCSC released its proposals to improve securities regulation in Canada.
Investment dealers, portfolio managers, mutual fund dealers, compliance officers, securities lawyers, and company directors and executives are among those expected to exchange views and discuss regulatory changes with commission staff during the day.
TSX Venture Exchange President Linda Hohol headlines a list of speakers and panelists that include BCSC commissioners, senior Commission staff, prominent BC professionals and entrepreneurs to discuss issues such as:
· Achieving the right balance between regulatory restrictions and market freedom
· Making the rules as simple as possible
· Fostering a culture of compliance in industry
· Acting decisively against market misconduct
· Helping investors to protect themselves
The conference’s afternoon panel will see participants squaring off over “Do We Need More Regulation or Less?” Debating the topic are The Fraser Institute’s Michael Walker, analyst John Kaiser, tech company founder Derek Spratt and BCSC Chair Doug Hyndman. Vancouver Sun business editor Stewart Muir is the panel moderator.
The commission’s second annual conference, Capital Ideas – A Dialogue with the BCSC, will be held Thursday, June 6, 2002 at the Four Seasons Hotel, 791 West Georgia St. with registration at 8 a.m. For registration and conference details, please visit www.bcsc.bc.ca.
The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities and exchange contracts within the province.